Pearse Doherty
Question:123. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form household debt as a percentage of household income for each year from 1992 to 2011. [41516/12]
View answerTuesday, 2 October 2012
Questions (123)
Written answers
Figures on household debt are taken from the Central Bank’s Quarterly Financial Accounts - Table 8.1b - total liabilities outstanding of households and non-profit institutions serving households. These figures are presented quarterly, so the fourth quarter figures have been used with the exception of 2012. Figures for household income are taken from the quarterly Institutional Sector Accounts produced by the CSO. They represent all income earned by households in a particular quarter. These figures have been annualised.
Both of these series only began in 2002. Also, caution is required when interpreting the data as these figures come from two different sources that may not be directly comparable.
|
- |
Debt (€m) |
Income (€m) |
Ratio |
|
2002 |
75,074 |
69,744 |
1.08 |
|
2003 |
88,383 |
74,799 |
1.18 |
|
2004 |
112,917 |
81,287 |
1.39 |
|
2005 |
143,919 |
89,377 |
1.61 |
|
2006 |
175,531 |
96,961 |
1.81 |
|
2007 |
200,954 |
105,284 |
1.91 |
|
2008 |
213,635 |
107,010 |
2.00 |
|
2009 |
209,382 |
94,538 |
2.21 |
|
2010 |
197,867 |
89,167 |
2.22 |
|
2011 |
191,469 |
90,479 |
2.12 |
|
2012* |
188,473 |
91,112 |
2.07 |
* Only data for the 1st quarter are available