Annual global commercial spending grew to an estimated $77.3 trillion in 2007, an increase of 12.2 percent from $68.9 trillion in 2006, according to data from the Commercial Consumption Expenditure (CCE) index released by Visa Inc. Commercial spending in the United States grew to an estimated $19.7 trillion in 2007, up 5.5 percent from the 2006 total of $18.7 trillion.


According to index estimates, spending in all global geographic areas rose during the year. Europe represented the largest share of commercial spending, followed by the United States, Asia/Pacific, Central and Eastern Europe/Middle East/Africa, Latin America/Caribbean and Canada. The CCE index is a financial metric that provides standardized tracking of business and government spending globally and is recognized as an industry benchmark for measuring commercial spending.

“The CCE index was developed by Visa to measure the penetration of commercial payment products and to help client financial institutions develop solutions tailored to meet the evolving payments needs of business and government,” said Darren Parslow, Head of Global Commercial Products, Visa Inc. “Along with Visa’s comprehensive suite of commercial payment products, the CCE index helps Visa commercial issuers to better serve organizations of all sizes in managing their commercial payments.”

CCE Around the Globe

Listed below is a breakdown of estimated 2007 commercial spending by global geographic area.



U.S. Spending by Business Segment

Listed below is the estimated U.S. commercial spending by business segment.



U.S. Category Spending

U.S. spending is concentrated in the top five categories which account for an estimated 66 percent of 2007 U.S. commercial spending.