The information requested falls within the responsibility of the National Statistician, who has been asked to reply.
Letter from Karen Dunnell, dated 19 June 2007:
As National Statistician, I have been asked to reply to your parliamentary question on average personal unsecured debt and total debt was as a percentage of income in each year since 1997. (143313)
The information requested is shown in the following table. The data for unsecured debt (households' total financial liabilities other than secured debt) and income (households' gross disposable income) used in the calculations are national accounts series for the combined household and non-profit institutions serving households (NPISH) sectors. The accounts for the household and NPISH sectors are currently combined; separate estimates are not available.
For the denominator in the calculations the series used is Population aged 16+.
Annual income per person (£) Unsecured debt per person (£) Unsecured debt as a percentage of income Total debt per person (£) Total debt as a percentage of income 1997 12,307 3,450 28.0 12,894 I 104.8 1998 12,763 3,706 29.0 13,691 107.3 1999 13,279 3,985 30.0 14,731 110.9 2000 13,955 4,332 31.0 15,937 .114.2 2001 14,787 4,749 32.1 17,466 118.1 2002 15,182 5,433 35.8 19,766 130.2 2003 15,755 5,830 37.0 22,277 141.4 2004 16,180 6,259 38.7 24,766 153.1 2005 16,865 6,519 38.7 26,183 155.3 2006 17,344 6,739 38.9 28,509 164.4
The information requested falls within the responsibility of the National Statistician, who has been asked to reply.
Letter from Karen Dunnell, dated 19 June 2007:
As National Statistician, I have been asked to reply to your parliamentary question on the average total personal debt servicing level as a percentage of income for each year 1997. (143314)
The information available is shown in the following table. The only information available on repayments is payment of interest on loans. Capital repayments are not available. The data for interest on loans and income (households' gross disposable income) used in the calculations are national accounts series for the combined household and non-profit institutions serving households (NPISH) sectors. The accounts for the household and NPISH sectors are currently combined; separate estimates are not available.
QWMG QWND (QWMG/QWND)*100 1997 41862 559941 7.5 1998 51219 582790 8.8 1999 47434 608988 7.8 2000 52875 643415 8.2 2001 52141 686312 7.6 2002 51513 709048 7.3 2003 53576 740389 7.2 2004 62677 765683 8.2 2005 71091 804778 8.8 2006 75053 834240 9.0