In 2023, the debt services payments to disposable income ratio in the United States has remained relatively stable. That came after a sharp drop of the ratio in 2021 and 2022, which was followed by a rapid increase of the debt service payments, as they represented over 9.89 percent of their personal disposable income in the last quarter of 2023. In this context, debt service refers to the amount of money that households need to pay up their debts, including the interest rates of their loans and lending.
Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023
Loading statistic...
Basic Account
Get to know the platform
You only have access to basic statistics.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Personal debt in the United States
Overview
4
- Basic Statistic Household debt to GDP ratio in the U.S. 2014-2023
- Basic Statistic Household debt service payments as a share of disposable income in the U.S. 2011-2023
- Premium Statistic Value of household debt in the U.S. 2023, by type
- Basic Statistic Total average debt in the U.S. in 2022, by generation
Overall consumer lending
4
- Basic Statistic Consumer credit debt of households and nonprofit organizations in the U.S. 2011-2023
- Premium Statistic Average consumer debt in the U.S. 2010-2022
- Premium Statistic Amount of personal debt held in the U.S. 2018-2023
- Premium Statistic Main source of non-mortgage debt among consumers in the U.S. 2023
Mortgage debt
3
Car loan debt
4
Credit card debt
5
- Premium Statistic Penetration rate of credit cards in the United States 2014-2029
- Premium Statistic Quarterly credit card debt in the U.S. 2010-2023
- Premium Statistic Credit card debt in the different states of the U.S. 2022
- Premium Statistic Average credit card balance in the United States in 2023, by age
- Premium Statistic Share of adults planning to carry credit card balance in the U.S. 2020-2023
Student loan debt
4
Buy now, pay later (BNPL)
3
Attitudes towards debt
3
Loan delinquency
5
- Premium Statistic Quarterly delinquency on consumer loans at commercial banks in the U.S. 2007-2024
- Premium Statistic Homeowners with current or overdue mortgage payments in the U.S. in 2022, by race
- Premium Statistic Share of people with debt in collections in the U.S. 2022
- Premium Statistic Value of student loan debt outstanding, by repayment status U.S. 2023
- Premium Statistic Value of delinquent debt balance per capita in the U.S. 2021-2022 (in U.S. dollars)
Further related statistics
17
- Household debt in the U.S. 2008-2013, by debt category
- Household debt APAC 2014 by country or region
- Value of debt held by families in the U.S. 2016, by age of family head
- Household debt value across India 2010-2022
- Quarterly Household debt value across Thailand 2016-2017
- Household debt composition in Singapore 2016
- Average household debt among Millennials in the U.S. 2010, by category
- Debt that is worrying households in Great Britain in 2013, by type
- Post-separation financial abuse reported by women in the UK in 2015, by type
- Percentage of people saving money in Malaysia 2018, by type
- Household debt South Korea 2022, by household size
- Reporting domestic financial abuse: who women tell in the United Kingdom (UK) in 2015
- Percentage of people saving money in Singapore 2017, by type
- Private credit and nominal GDP growth rate South Korea Q3 2022
- Quarterly private credit-to-nominal GDP ratio South Korea 2018-2022
- Distribution of personal income levels before tax in Turkey in 2018
- Number of personal bankruptcy filings in Massachusetts, 2011-2019
Further Content: You might find this interesting as well
Statistics
- Household debt in the U.S. 2008-2013, by debt category
- Household debt APAC 2014 by country or region
- Value of debt held by families in the U.S. 2016, by age of family head
- Household debt value across India 2010-2022
- Quarterly Household debt value across Thailand 2016-2017
- Household debt composition in Singapore 2016
- Average household debt among Millennials in the U.S. 2010, by category
- Debt that is worrying households in Great Britain in 2013, by type
- Post-separation financial abuse reported by women in the UK in 2015, by type
- Percentage of people saving money in Malaysia 2018, by type
- Household debt South Korea 2022, by household size
- Reporting domestic financial abuse: who women tell in the United Kingdom (UK) in 2015
- Percentage of people saving money in Singapore 2017, by type
- Private credit and nominal GDP growth rate South Korea Q3 2022
- Quarterly private credit-to-nominal GDP ratio South Korea 2018-2022
- Distribution of personal income levels before tax in Turkey in 2018
- Number of personal bankruptcy filings in Massachusetts, 2011-2019
St. Louis Fed. (December 16, 2023). Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023 [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/
St. Louis Fed. "Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023." Chart. December 16, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/
St. Louis Fed. (2023). Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023. Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/
St. Louis Fed. "Household Debt Service Payments as a Share of Disposable Personal Income in The United States from 1st Quarter 2011 to 3rd Quarter 2023." Statista, Statista Inc., 16 Dec 2023, https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/
St. Louis Fed, Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023 Statista, https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/ (last visited March 19, 2024)
Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 3rd quarter 2023 [Graph], St. Louis Fed, December 16, 2023. [Online]. Available: https://www.statista.com/statistics/248268/debt-service-payments-as-a-percentage-of-disposable-personal-income-in-the-us/