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Value of debt owned by consumers in the U.S. 2018, by type
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Value of debt owned by consumers in the U.S. 2018, by type
Value of debt owned by consumers in the United States as of September 2018, by type (in trillion U.S. dollars)
by M. Szmigiera,
last edited
Aug 9, 2019
Consumers in the United States had 13.51 trillion dollars in debt in September 2018, the majority of which was home mortgages, at 9.14 trillion U.S. dollars. Student loan debt was the second largest component, totaling 1.44 trillion U.S. dollars.
Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the home purchase outlook.
Attitudes towards debt Consumer perception of debt differs, depending on the kind of debt in question. While most see a home mortgage as a positive investment, they increasingly look at student loan debt as a negative debt. With education costs increasing, people in the United States are incurring more student loan debt. Credit card debt also has negative connotations.
Value of debt owned by consumers in the United States as of September 2018, by type (in trillion U.S. dollars)
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by M. Szmigiera,
last edited
Aug 9, 2019
Consumers in the United States had 13.51 trillion dollars in debt in September 2018, the majority of which was home mortgages, at 9.14 trillion U.S. dollars. Student loan debt was the second largest component, totaling 1.44 trillion U.S. dollars.
Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the home purchase outlook.
Attitudes towards debt Consumer perception of debt differs, depending on the kind of debt in question. While most see a home mortgage as a positive investment, they increasingly look at student loan debt as a negative debt. With education costs increasing, people in the United States are incurring more student loan debt. Credit card debt also has negative connotations.
- Show sources information
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- Release date
- December 2018
- Region
- United States
- Survey time period
- Sept 25-27, 2018
- Number of respondents
- 2,008 respondents
- Age group
- 18 years and older
- Method of interview
- Online survey
Source
- Show sources information
- Show publisher information
- Release date
- December 2018
More information
- Region
- United States
- Survey time period
- Sept 25-27, 2018
- Number of respondents
- 2,008 respondents
- Age group
- 18 years and older
- Method of interview
- Online survey
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Ratio of total debt to equity in the U.S. 2010-2016
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Household debt to GDP ratio in the U.S. 2014-2019
Education & Science
Total student loans provided in the U.S. from 1997 to 2018
Banks & Financial Services
Share of non-performing loans held by banks in the U.S. 1995-2018
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Statistics on "Personal debt in the United States"
- Overview
The most important statistics
- U.S. public debt held by the public and forecast from 2000 to 2029 (as a percentage of the GDP)U.S. public debt and forecast as a percentage of the GDP 2000-2029
- Household debt to GDP ratio in the United States from 1st quarter 2011 to 1st quarter 2019Household debt to GDP ratio in the U.S. 2014-2019
- Ratio of total debt to equity in the United States from 1st quarter 2010 to 4th quarter 2016Ratio of total debt to equity in the U.S. 2010-2016
- Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 1st quarter 2019Household debt service payments as a share of disposable income in the U.S. 2011-2019
- Liability level of credit market instruments of households and nonprofit organizations in the United States from 1960 to 2018 (in trillion U.S. dollars)Credit market debt of households and nonprofit organizations in the U.S. 1960-2018
- Consumer credit debt of households and nonprofit organizations in the United States from 1st quarter 2011 to 3rd quarter 2018 (in trillion U.S. dollars)Consumer credit debt of households and nonprofit organizations in the U.S. 2011-2018
- Share of non-performing loans held by banks in the United States from 1995 to 2018Share of non-performing loans held by banks in the U.S. 1995-2018
- Value of debt owned by consumers in the United States as of September 2018, by type (in trillion U.S. dollars)Value of debt owned by consumers in the U.S. 2018, by type
- Family debt demographics
The most important statistics
- Share of families with debt in the United States in 2016, by type of debtShare of families with debt in the U.S. 2016, by type of debt
- Distribution of family debt in the United States from 2010 to 2016, by purposeDistribution of family debt in the U.S. 2010-2016
- Share of families with debt in the United States from 2007 to 2016, by family structureShare of families with debt in the United States 2007-2016, by family structure
- Ratio of debt payments to family income in the United States from 2001 to 2016Ratio of debt payments to family income in the U.S. 2001-2016
- Share of families with debt in the United States in 2016, by debt type and ethnicityShare of families with debt in the U.S. 2016, by debt type and ethnicity
- Share of families with debt in the United States from 2007 to 2016, by regionShare of families with debt in the U.S. 2007-2016, by region
- Share of families with debt in the United States from 2007 to 2016, by current occupation of family headShare of families with debt in the U.S. 2007-2016, by current occupation of head
- Share of families with debt in the United States from 2007 to 2016, by work status of family headShare of families with debt in the U.S. 2007-2016, by work status of family head
- Student debt
The most important statistics
- Distribution of student loan debt in the United States as of 2018Distribution of student loan debt in the U.S. 2018
- Total amount provided in student loans in the United States from 1997/98 to 2017/18 (in 2017 billion U.S. dollars)Total student loans provided in the U.S. from 1997 to 2018
- Share of total student loans provided in the United States, by source from 1996/97 to 2016/17Share of student loans provided in the U.S., by source from 1996 to 2017
- Number of recipients of federal student aid in the United States, by program 2017/18 (in millions)Recipients of federal student aid in the U.S. in 2017/18, by program
- Amount of undergraduate student aid provided in the United States in 2017-2018 (in billion U.S. dollars)U.S. undergraduate student aid by source and type, 2017-2018
- Estimated time needed for students to pay off college debt after graduation in the United States in 2017Time expected to pay back college debt after graduation in the U.S. in 2017
- Thinking about your student loan(s), did you ever default on payment?Share of defaults on student loans in the U.S. 2018, by age
- Attitudes towards debt
The most important statistics
- How much do you estimate your debt to be?Amount of personal debt held in the U.S. 2018
- What is your main source of debt?Main source of debt among consumers in the U.S. 2017-2018
- How many more years do you expect to be in debt?Time consumers expect to remain in debt in the U.S. 2018
- Consumer perception of selected types of debt in the United States in 2018Consumer perception of selected types of debt in the U.S. 2018
- Attitude of Americans towards paying off their credit card balance every month in 2017Attitude towards paying credit card balance off every month in the U.S. 2017
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Statistics
- Value of debt owned by households in the U.S. 2015, by type
- Household debt in the U.S. 2008-2013, by debt category
- Types of debt held by Canadians 2015, by income
- Types of debt held by Canadians 2015, by region
- Types of debt held by Canadians 2015
- Types of debt held by Canadians 2015, by age
- Types of debt held by Canadians 2015, by gender
- Average credit card debt owned by indebted U.S. households 2002-2015
- Value of household mortgage debt level in the U.S. 2010-2015
- Average credit card debt owned by U.S. households 2002-2015
- Type of debt owned in the U.S. 2016
- Share of Canadians with personal debt apart from mortgage 2015, by income
- Share of Canadians with personal debt apart from mortgage 2015, by age
- Share of Canadians with personal debt apart from mortgage 2015, by gender
- Types of children's debt not payed by parents in the U.S. 2018
- Chile: existence of household budget 2016, by employment status
- Reconstitution of French savings following unforeseen expenses 2015
- Responsibility for household finances in the U.S. in 2014, by gender
- Budget allocated to landscaping service providers in France 2012-2015
- Netherlands: average disposable income per private household 2011-2017, by age
Statistics on "Personal debt in the United States"
- U.S. public debt held by the public and forecast from 2000 to 2029 (as a percentage of the GDP)
- Household debt to GDP ratio in the United States from 1st quarter 2011 to 1st quarter 2019
- Ratio of total debt to equity in the United States from 1st quarter 2010 to 4th quarter 2016
- Household debt service payments as a share of disposable personal income in the United States from 1st quarter 2011 to 1st quarter 2019
- Liability level of credit market instruments of households and nonprofit organizations in the United States from 1960 to 2018 (in trillion U.S. dollars)
- Consumer credit debt of households and nonprofit organizations in the United States from 1st quarter 2011 to 3rd quarter 2018 (in trillion U.S. dollars)
- Share of non-performing loans held by banks in the United States from 1995 to 2018
- Value of debt owned by consumers in the United States as of September 2018, by type (in trillion U.S. dollars)
- Share of families with debt in the United States in 2016, by type of debt
- Distribution of family debt in the United States from 2010 to 2016, by purpose
- Share of families with debt in the United States from 2007 to 2016, by family structure
- Ratio of debt payments to family income in the United States from 2001 to 2016
- Share of families with debt in the United States in 2016, by debt type and ethnicity
- Share of families with debt in the United States from 2007 to 2016, by region
- Share of families with debt in the United States from 2007 to 2016, by current occupation of family head
- Share of families with debt in the United States from 2007 to 2016, by work status of family head
- Home mortgage debt of households and nonprofit organizations in the United States from 1st quarter 2012 to 1st quarter 2019 (in trillion U.S. dollars)
- Types of debt paid by parents for their adult children in the United States in 2017
- Distribution of student loan debt in the United States as of 2018
- Total amount provided in student loans in the United States from 1997/98 to 2017/18 (in 2017 billion U.S. dollars)
- Share of total student loans provided in the United States, by source from 1996/97 to 2016/17
- Number of recipients of federal student aid in the United States, by program 2017/18 (in millions)
- Amount of undergraduate student aid provided in the United States in 2017-2018 (in billion U.S. dollars)
- Estimated time needed for students to pay off college debt after graduation in the United States in 2017
- Thinking about your student loan(s), did you ever default on payment?
- How much do you estimate your debt to be?
- What is your main source of debt?
- How many more years do you expect to be in debt?
- Consumer perception of selected types of debt in the United States in 2018
- Attitude of Americans towards paying off their credit card balance every month in 2017
- Value of debt owned by households in the United States as of 3rd quarter 2015, by type (in U.S. dollars)
- Household debt in the United States from 2008 to 2013, by debt category (in trillion U.S. dollars)
- What is the single largest source of your personal debt, apart from a mortgage?
- What is the single largest source of your personal debt, apart from a mortgage?
- What is the single largest source of your personal debt, apart from a mortgage?
- What is the single largest source of your personal debt, apart from a mortgage?
- What is the single largest source of your personal debt, apart from a mortgage?
- Average credit card debt owned by indebted U.S. households from 2002 to 2015 (in thousand U.S. dollars)
- Value of household mortgage debt in the United States from 1st quarter 2010 to 2nd quarter 2015 (in trillion U.S. dollars)
- Average credit card debt owned by U.S. households from 2002 to 2015 (in U.S. dollars)
- What kind of existing debt do you have?
- Apart from a mortgage, do you have personal debt?
- Apart from a mortgage, do you have personal debt?
- Apart from a mortgage, do you have personal debt?
- Children's debt that parents refused to pay in in the United States in 2018
- Does you family have a budget? (by employment status)
- If you have settled your financial problems with your personal savings, can you easily restore your savings?
- Who is primarily responsible for managing the day-to-day finances for the household?
- Average annual budget allocated by French households to maintenance and landscaping service providers between 2012 and 2015 (in euros)
- Average amount of disposable income per private household in the Netherlands from 2011 to 2017, by age of main breadwinner (in thousand euros)
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