Written answers

Wednesday, 5 October 2011

9:00 pm

Photo of Pádraig Mac LochlainnPádraig Mac Lochlainn (Donegal North East, Sinn Fein)
Link to this: Individually | In context

Question 36: To ask the Minister for Finance if he will provide figures on household debt as a percentage of household income for the years 2010 and 2011 broken down by quarter. [27662/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context

Figures on household debt are taken from the Central Bank's Quarterly Financial Accounts – Table 8.1b - total loans outstanding of households and non-profit institutions serving households. Figures for disposable household income are taken from the quarterly Institutional Sector Accounts produced by the CSO. This represents all income earned by the household in a particular quarter. This is not readily comparable with the level of debt. In order to make these figures more broadly comparable, the quarterly income figures have been annualised.

Debt(€m)Income(€m)Ratio
Q1 2010193,97886,6682.24
Q2 2010188,69091,8562.05
Q3 2010187,72289,2202.10
Q4 2010185,61582,7402.24
Q1 2011184,91285,4882.16

Comments

No comments

Log in or join to post a public comment.