Household Debt: Key Economic Indicators
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.

This statistical note shows how average earnings have changed over time by region of the UK and for different age groups.
Summary tables (93 KB , Excel Spreadsheet)
Summary tables provide data on earnings by gender and age group between 1997 and 2022 and by region between 2002 and 2022. More detailed data can be accessed using an Earnings data tool.
Median weekly pay for full-time employees in the UK was £640 at April 2022. After adjusting for inflation (to obtain figures “in real terms”), this is 5.9% lower than in 2008.
The chart shows the trend since 1997, adjusting for CPI inflation. The median is the point at which half of employees earn more and half earn less.
Source: ONS, Annual Survey of Hours and Earnings, 2022
Median weekly pay was highest for full-time employees living in London and lowest for those in the North East at April 2022.
Source: ONS, Annual Survey of Hours and Earnings, 2022
The East and South East of England saw the largest falls in median full-time earnings over the period 2008-2022 after adjusting for price inflation (“in real terms”). Real median earnings are either lower than or around the same as in 2008 in every region and country in the UK.
Source: ONS, Annual Survey of Hours and Earnings, 2022
Median weekly pay was highest for employees in their 40s at April 2022:
Source: ONS, Annual Survey of Hours and Earnings, 2021
Following the economic downturn in 2008, median earnings decreased in real terms across age groups. In April 2022, real median pay for 18-21 year olds was 5% higher than its 2008 level, but earnings for older age groups were lower than before the downturn.
Source: ONS, Annual Survey of Hours and Earnings, 2022
Source: ONS, Annual Survey of Hours and Earnings, 2022
Note the charts are not tracking a particular group of people over time. Rather they are comparing people, for example, aged 40-49 in 2022 with people aged 40-49 in 2008. Those aged 40-49 in 2008 will now be in their 50s and 60s, while those aged 40-49 in 2022 would have been in their 20s and 30s in 2008.
Summary tables provide data on earnings by gender and age group between 1997 and 2022 and by region between 2002 and 2022.
More detailed data are provided in the Earnings data tool¸ which allows users to view data on median pay for male or female, full-time or part-time employees by region and by age group back to 1997 where available. Users can select data on weekly, hourly or annual pay and can select the group of employees of interest. Guidance on interpreting the estimates and the effect of survey error is provided within the tool.
The data presented in this note are taken from the Office for National Statistics (ONS) Annual Survey of Hours and Earnings. More up to date (but much less detailed) estimates for average earnings growth are published on a monthly basis in the ONS UK Labour Market bulletin. The latest figures from both sources can be found in the Library briefing Average Earnings: Key Economic Indicators.
The Library’s briefing paper on the Gender pay gap takes a detailed look at pay between men and women.
Summary tables (93 KB , Excel Spreadsheet)
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.
Ahead of Commons report stage and third reading, this paper summarises key developments in relation to the Seafarers' Wages Bill.
This briefing paper looks at trends in income inequality in the UK over the last 50 years, as well as the impact of the rising cost of living and the coronavirus pandemic. It provides analysis on income inequality between UK regions and countries, ethnic groups, and by disability status.