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Debt

Volume 454: debated on Monday 4 December 2006

To ask the Chancellor of the Exchequer what the (a) amount of unsecured personal debt, (b) average amount of unsecured personal debt and (c) average household disposable income was in each Government Office region in each year since 1997. (105805)

The information requested falls within the responsibility of the National Statistician who has been asked to reply.

Letter from Dennis Roberts, dated 4 December 2006:

The National Statistician has been asked to reply to your recent Parliamentary Question on unsecured personal debt and average household disposable income by Government Office Region each year since 1997.I am replying in her absence. (105805)

The ONS published estimates of household income by regions and countries of the UK, but only publish levels of debt for the UK as a whole.

Table A contains estimates of gross disposable household income (GDHI) per head of population by Government Office Regions.

Table B contains the amount of unsecured personal debt and the average amount of unsecured personal debt for the UK.

Table A: gross disposable household income (£) per head of population1,2,3 by Government office regions

Gross disposable household income per head of population

1997

1998

1999

2000

2001

2002

2003

2004

North East

8,330

8,534

8,861

9,293

9,822

10,127

10,583

10,906

North West

8,865

9,140

9,545

10,044

10,620

10,908

11,377

11,723

Yorkshire and the Humber

8,866

9,164

9,520

10,016

10,554

10,851

11,352

11,705

East Midlands

8,900

9,161

9,515

10,032

10,670

11,009

11,554

11,918

West Midlands

8,813

9,078

9,486

10,011

10,600

10,891

11,383

11,729

East of England

10,234

10,554

11,053

11,729

12,549

12,964

13,525

13,889

London

11,592

12,045

12,702

13,437

14,183

14,431

15,004

15,298

South East

10,875

11,303

11,845

12,532

13,348

13,723

14,310

14,656

South West

9,600

9,888

10,321

10,860

11,546

11,870

12,407

12,721

Wales

8,428

8,628

8,980

9,479

10,096

10,437

10,924

11,278

Scotland

9,096

9,325

9,683

10,215

10,840

11,225

11,763

12,116

Northern Ireland

8,287

8,526

8,881

9,376

9,935

10,233

10,667

10,988

United Kingdom

9,625

9,938

10,390

10,971

11,643

11,971

12,500

12,840

1 Gross disposable household income (GDHI) is the amount of money that households have available for spending or saving after deductions and expenditure associated with income, e.g. taxes and social contributions, and provision for future pension income.

2 The population measure is based upon mid-year estimates of total population.

3 Estimates are consistent with the national accounts series for the combined household and non-profit institutions serving households sectors as published in Blue Book 2005.

Table B: unsecured personal debt and average unsecured personal debt for the UK

Unsecured personal debt1 (end-year) (£ million)

Average unsecured personal Debt2 (end-year) (£)

1997

88,412

1,943

1998

97,404

2,133

1999

109,208

2,381

2000

124,323

2,696

2001

140,891

3,036

2002

157,748

3,378

2003

163,506

3,479

2004

183,390

3,875

2005

192,507

4,033

1 Unsecured personal debt is the sum of short term loans issued by monetary financial institutions in the United Kingdom and abroad. The data were published in the United Kingdom Economic Accounts table 64 published on 24 November 2006 available at the following address: http://www.statistics.gov.uk/StatBase/Productasp?vlnk=1904i&Pos=4&ColRank=l&Rank=422

2 Average unsecured personal debt is calculated as debt per head. The population figure used to derive this is the population aged 16+ in the United Kingdom. These estimates are expressed in nominal terms that are not adjusted for the effects of general price inflation.