World Factoring Yearbook 2026 highlights widening differences in global factoring penetration

The World Factoring Yearbook 2026, published by BCR Publishing, highlights continued development in factoring markets worldwide, with the latest data showing significant differences in factoring penetration relative to GDP and further growth across a number of established and emerging markets.

Among the countries covered, Portugal recorded the highest factoring penetration rate in 2025, reaching 20.7 per cent of GDP, up from 18.7 per cent in 2024. It was followed by Spain at 16.5 per cent, Chile at 15.5 per cent, Poland at 14.8 per cent, France at 14.7 per cent, the Netherlands at 14.5 per cent and Greece at 14.41 per cent.

Several markets recorded particularly notable increases during 2025. Portugal’s penetration rate rose by 2 percentage points, while Greece increased from 13.4 per cent to 14.41 per cent. Singapore advanced from 12 per cent to 13 per cent, while Colombia increased from 4.8 per cent to 5.5 per cent.

Growth was also evident in a number of less mature factoring markets. Uzbekistan, for example, saw factoring penetration increase from just 0.13 per cent in 2024 to 0.67 per cent in 2025, while Egypt rose from 0.43 per cent to 0.79 per cent. India continued its gradual expansion, reaching 1.07 per cent, compared with 1.01 per cent in 2024 and just 0.29 per cent in 2021.

Across Europe, developments remained mixed. Germany increased from 9.3 per cent to 9.5 per cent, the UK from 10.98 per cent to 11.46 per cent, Romania from 2.44 per cent to 2.72 per cent, and Serbia from 2.6 per cent to 2.87 per cent. In contrast, penetration declined moderately in several established markets, including Italy, France and Spain.

The Americas also presented a varied picture. Alongside Colombia’s increase, Peru continued its sustained upward trajectory, with factoring penetration reaching 4.4 per cent in 2025, compared with 2.58 per cent in 2021. Brazil increased to 1.93 per cent, Mexico to 2.07 per cent, and the US to 0.48 per cent, while Chile declined from 16 per cent to 15.5 per cent.

In Asia, China recorded a further increase to 4.13 per cent, compared with 3.92 per cent in 2024 and 3.12 per cent in 2021. Jordan reached 2.71 per cent, continuing a significant expansion from 0.32 per cent in 2021, while Thailand increased from 0.94 per cent to 1.12 per cent.

The penetration figures form part of the extensive statistical coverage presented in the World Factoring Yearbook 2026, providing an indication of the relative importance of factoring within individual national economies and allowing developments to be tracked across markets and over time.

The 2026 edition features 51 articles, comprising 45 country-specific market reviews and six specialist contributions. Albania, Jordan, Mongolia, North Macedonia, the Philippines and Uzbekistan participate for the first time, while Bulgaria, Canada, Indonesia, Kosovo, Singapore, Slovenia and Thailand return to the publication.