This statistic illustrates the average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP). It can be seen that on average Millennials had nearly three thousand British pounds in outstanding debt at that time.
Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016
(in GBP)
Characteristic
Average amount in GBP
Total in savings
8,384
Total outstanding debt (excluding mortgages and student loans)
All figures, unless otherwise stated, are from YouGov Plc.
Total sample size was 2,028 adults aged 18 to 34 (Millennials) and 2,047 adults aged 35 to 55 (Generation X). The figures have been weighted and are representative
of 18 to 34 GB adults and 35 to 55 GB adults.
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Experian. (January 21, 2016). Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP) [Graph]. In Statista. Retrieved March 11, 2025, from https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/
Experian. "Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP)." Chart. January 21, 2016. Statista. Accessed March 11, 2025. https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/
Experian. (2016). Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP). Statista. Statista Inc.. Accessed: March 11, 2025. https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/
Experian. "Average Total Savings and Debts of Millennials in The United Kingdom (Uk) as of January 2016 (in Gbp)." Statista, Statista Inc., 21 Jan 2016, https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/
Experian, Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP) Statista, https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/ (last visited March 11, 2025)
Average total savings and debts of Millennials in the United Kingdom (UK) as of January 2016 (in GBP) [Graph], Experian, January 21, 2016. [Online]. Available: https://www.statista.com/statistics/513872/average-millennials-total-savings-and-debts-united-kingdom/
