The first estimates for the factoring industry worldwide in 2019 have been announced today by the FCI Secretary General.
The global figure gives a significant indication that the industry thrives with an upward trend, all continents individually contributing with their share.
Compared with the previous year’s €2,767bn, the 2019 estimated volume of €2,923bn represents a growth of over 5%.
Europe, the largest contributor representing 68% of the total, with €1,984bn shows an overall growth in excess of 8%.