In 2022, the total value of debt from loans to households in the United Kingdom (UK)amounted to approximately two trillion British pounds. It was in 2004, when household debt surpassed the one trillion British pounds mark. Debts can be formed in a number of ways. The most common forms of debt for households include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.
Total value of household debt in the United Kingdom (UK) from 2000 to 2022
(in billion GBP)
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Office for National Statistics (UK). (December 22, 2022). Total value of household debt in the United Kingdom (UK) from 2000 to 2022 (in billion GBP) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
Office for National Statistics (UK). "Total value of household debt in the United Kingdom (UK) from 2000 to 2022 (in billion GBP)." Chart. December 22, 2022. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
Office for National Statistics (UK). (2022). Total value of household debt in the United Kingdom (UK) from 2000 to 2022 (in billion GBP). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
Office for National Statistics (UK). "Total Value of Household Debt in The United Kingdom (Uk) from 2000 to 2022 (in Billion Gbp)." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
Office for National Statistics (UK), Total value of household debt in the United Kingdom (UK) from 2000 to 2022 (in billion GBP) Statista, https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/ (last visited October 14, 2024)
Total value of household debt in the United Kingdom (UK) from 2000 to 2022 (in billion GBP) [Graph], Office for National Statistics (UK), December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
