I have been asked to reply.
The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.
Letter from Karen Dunnell, dated 8 July 2008:
As National Statistician I have been asked to reply to your questions on what the average level of personal (a) secured and (b) unsecured debt expressed (i) in pounds and (ii) as a percentage of income was in each year since 1997. (215873)
Average unsecured loans (£) Average secured loans (£) Unsecured loans as percentage of GDHI Secured loans as percentage of GDHI 1997 1,516 7606 16 79 1998 1,666 8044 17 81 1999 1,861 8664 18 83 2000 2,111 9359 19 86 2001 2,383 10,291 21 89 2002 2,659 11,636 22 97 2003 2,745 13,344 22 107 2004 3,064 15,038 24 118 2005 3,223 16,007 24 119 2006 3,395 17,744 25 129 2007 n/a n/a 25 135 Source: Secured loans—table A64 in UK Economic Accounts identifiers NNRQ, NNRR, NNRS and NNRU. Unsecured loans—table A64 in UK Economic Accounts identifiers NNRG and NNRK. Households’ gross disposable income-table A38 in UK Economic Accounts identifier QWND.
I have been asked to reply.
The information requested falls within the responsibility of the UK Statistics Authority. I have asked the Authority to reply.
Letter from Karen Dunnell, dated 8 July 2008:
As National Statistician I have been asked to reply to your question on what estimate has been made of the average total personal debt servicing level as a percentage of income. (215874)
Total household loans as a percentage of gross disposable household income for 2007, is estimated to be 160 per cent.
Source:
Total loans—table A64 in UK Economic Accounts identifier NNRE.
Households’ gross disposable household income—table A38 in UK Economic Accounts identifier QWND.