In the first half of 2024, the total value of debt from loans to households in the United Kingdom 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 1st half of 2024
(in billion GBP)
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Office for National Statistics (UK). (November 29, 2024). Total value of household debt in the United Kingdom (UK) from 2000 to 1st half of 2024 (in billion GBP) [Graph]. In Statista. Retrieved March 13, 2025, 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 1st half of 2024 (in billion GBP)." Chart. November 29, 2024. Statista. Accessed March 13, 2025. https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
Office for National Statistics (UK). (2024). Total value of household debt in the United Kingdom (UK) from 2000 to 1st half of 2024 (in billion GBP). Statista. Statista Inc.. Accessed: March 13, 2025. 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 1st Half of 2024 (in Billion Gbp)." Statista, Statista Inc., 29 Nov 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 1st half of 2024 (in billion GBP) Statista, https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/ (last visited March 13, 2025)
Total value of household debt in the United Kingdom (UK) from 2000 to 1st half of 2024 (in billion GBP) [Graph], Office for National Statistics (UK), November 29, 2024. [Online]. Available: https://www.statista.com/statistics/1073541/total-value-of-household-debt-in-the-united-kingdom/
