Digitalisation

Global leasing industry sees 6% growth in 2023, according to Solifi report

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The global leasing industry continued its upward trajectory in 2023, with new business volume increasing by 5.7%, according to the latest Solifi Global Leasing Report.

This growth contributes to an overall 76% expansion in the industry over the past decade, highlighting the resilience and adaptability of the leasing market despite ongoing global challenges.

The report, developed in partnership with the World Leasing Yearbook, provides an in-depth analysis of international leasing trends, market penetration, GDP penetration ratios, and rankings of the top 50 leasing markets by size.

Despite disruptions caused by the COVID-19 pandemic, geopolitical conflicts, and extreme weather conditions, the global economy has shown remarkable resilience, managing to avoid a recession and maintaining positive leasing growth.

With leasing playing an increasingly crucial role in global finance, the insights provided in the 19th edition of the Solifi Global Leasing Report offer valuable perspectives for industry stakeholders. The full report is available for download free of charge here.