What percentage of money is digital?

Asked 23-May-2022
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  • The world's currency is digital in 92 percent of cases. This means that the majority of the money you earn, trade with, and utilise to purchase goods and services is stored on computers and hard drives. Physical money accounts for only about 8% of global currency.
  • Banks also retain information electronically, and the 92 percent figure includes all types of transactions made using credit and debit cards, as well as wire transfers. It might be a good idea to go back and watch all those hacker movies where a nerdy computer hacker manages to steal billions in a matter of minutes.


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