Young people in the United Kingdom had on average a higher monthly debt from buy now, pay later services than older consumers. Consumers between 18 and 24 years old had the highest volume of debt from buy now, pay later (BNPL) in 2022. Meanwhile, the orders by BNPL users from 45 to 54 years of age amounted to 154 British pounds on average.
Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP)
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Statistics on Personal debt in the United Kingdom
Debt overview
5
- Premium Statistic Total value of household debt in the UK 2000-2021
- Premium Statistic Household debt to income ratio in the UK 2000-2022
- Premium Statistic Value of debt per adult in the United Kingdom 2010-2021
- Premium Statistic Average personal unsecured debt amount in the UK 2021, by type
- Premium Statistic Buy now, pay later (BNPL) monthly debt in the UK 2022, by age group
Lending overview
5
- Basic Statistic Gross new consumer lending in the United Kingdom (UK) 2007-2022
- Basic Statistic Gross new consumer lending in the United Kingdom (UK) 2007-2022, by type
- Basic Statistic Outstanding amounts of lending to individuals in the UK 2007-2022, by loan type
- Premium Statistic Share of adults with a personal loan UK 2020, by amount
- Basic Statistic Number of complaints about credit and loans in the UK 2021/2022, by type
Mortgage debt
4
- Basic Statistic Total repayments of loans secured on dwelling in the United Kingdom (UK) 2012-2022
- Premium Statistic Secured lending lump sum repayments in the UK 2012-2022
- Basic Statistic Secured lending regular repayments in the UK 2012-2022
- Premium Statistic Average value of mortgages granted in the UK Q1 2016-Q3 2022
Car loan debt
3
Credit card lending
4
- Premium Statistic Monthly number of credit card accounts in the UK 2012-2022
- Premium Statistic Quarterly gross lending on credit cards in the UK 2000-2022
- Premium Statistic Monthly value outstanding on credit cards in the UK 2018-2022
- Basic Statistic Annual growth rate of credit card lending in the UK 2010-2022
Student loan debt
3
Delinquency and insolvency
4
- Basic Statistic Loan write-offs by financial institutions in the UK 2013-2022, by currency
- Basic Statistic Personal loan write-offs by financial institutions in the UK 2017-2022, by loan type
- Premium Statistic Share of adults with personal loans making successful repayments UK 2020
- Premium Statistic Number of individual insolvencies in England and Wales 2019-2022, by type
Further related statistics
21
- Annual buy now, pay later (BNPL) global market size 2019-2021, with forecasts to 2026
- Buy now, pay later (BNPL) share in e-commerce in 41 countries worldwide 2016-2021
- Annual buy now, pay later (BNPL) loan number in U.S. 2019-2021
- Popular products to buy with buy now, pay later (BNPL) in Italy 2021
- Annual buy now, pay later (BNPL) transaction volume in U.S. 2019-2021, by vertical
- Main sources of knowledge for Buy Now Pay Later (BNPL) services India 2022, by age
- Popular products to buy with buy now, pay later (BNPL) in the UK 2021
- Buy now, pay later (BNPL) market size in the U.S. 2019-2021, with forecasts to 2026
- Annual buy now, pay later (BNPL) users in the U.S. 2020-2022, by age and gender
- Key players in buy now pay later (BNPL) in Switzerland 2019-2022
- Key players in buy now pay later (BNPL) in Norway 2019-2022
- Key players in buy now pay later (BNPL) in Ireland 2019-2022
- Key players in buy now pay later (BNPL) in Denmark 2019-2022
- Key players in buy now pay later (BNPL) in Russia 2019-2022
- Key players in buy now pay later (BNPL) in the Netherlands 2019-2022
- Key players in buy now pay later (BNPL) in the U.S. 2019-2022
- Buy now, pay later (BNPL) order value in the U.S. 2020, by age group
- Buy now, pay later (BNPL) transaction volume in Italy 2025
- Buy now, pay later (BNPL) users in Italy 2021, by age and gender
- Situations for using buy now, pay later (BNPL) in the U.S. 2022
- Key players in buy now, pay later (BNPL) worldwide, based on transaction value 2021
Further Content: You might find this interesting as well
Forbes. (November 30, 2022). Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) [Graph]. In Statista. Retrieved February 08, 2023, from https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. "Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP)." Chart. November 30, 2022. Statista. Accessed February 08, 2023. https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. (2022). Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP). Statista. Statista Inc.. Accessed: February 08, 2023. https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes. "Average Monthly Debt from Buy Now, Pay Later (Bnpl) Services in The United Kingdom (Uk) in 2022, by Age Group (in Gbp)." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/
Forbes, Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) Statista, https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/ (last visited February 08, 2023)
Average monthly debt from buy now, pay later (BNPL) services in the United Kingdom (UK) in 2022, by age group (in GBP) [Graph], Forbes, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/1328476/order-value-in-bnpl-in-the-uk-by-age/