§ Dr. CableTo ask the Chancellor of the Exchequer what the average(a) unsecured debt per person and (b) annual income per person was in each year since 1997. [129931]
§ Ruth KellyThe information requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Karen Dunnell to Dr. Vincent Cable, dated 30 September 2003:
The National Statistician has been asked to reply to your recent question on unsecured debt per person and annual income per person. I am replying in his absence. (129931) The information 1085W requested is shown in the table below. The data for unsecured debt (households' total financial liabilities other than secured debt) and income (households1 gross disposable income) used in the calculations are national accounts series for the combined household and non-profit institutions serving households (NPISH) sectors. The accounts for the household and NPISH sectors are currently combined; separate estimates are not available.The average annual disposable income and unsecured debt person can be obtained by dividing the appropriate national accounts totals by the UK population aged 16 and over. These are shown for the years requested in the table.
Average annual income and unsecured debt per person, UK, 1997–2002 Annual Income per person (£) Unsecured Debt per person (£) 1997 12,400 3,540 1998 12,680 3,790 1999 13,330 4,090 2000 13,980 4,470 2001 14,980 4,900 2002 15,310 5,330