Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q4 2024 about disposable, payments, debt, personal income, percent, personal, households, services, income, and USA.

In 2023, 968 billion U.S. dollars worth of student loans were in forebearance in the United States. This is due to the coronavirus (COVID-19) pandemic, where the government paused repayment of student loans and froze the accumulation of interest. This is compared to 112 billion U.S. dollars worth of student loans that were in default. As of the fourth quarter of 2022, outstanding student loan debt in the U.S. was valued at approximately 1.76 trillion U.S. dollars.

Denmark, the Netherlands, and Norway were among the European countries with most indebted households in 2023 and 2024. The debt of Dutch households amounted to 200 percent their disposable income in , as they had a ratio of over 180 percent in the second quarter of 2024. Meanwhile, Norwegian households' debt represented 233 percent of their income. However, households in most countries were less indebted, with that ratio amounting to 97 percent in the Euro area. Less indebtedness in Western and Northern Europe There were several European countries where household's debts outweighed their disposable income. Most of those countries were North or West European. However, the indebtedness ratio in Denmark has been decreasing during the past decade. As the debt of Danish households represented nearly 273 percent in the last quarter of 2014, which has fallen very significantly by 2024. Other countries with indebted households have been following similar trends. The households' debt-to-income ratio in the Netherlands has also fallen from over 275 percent in 2013 to 200 percent in 2024. Debt per adult in Europe In Europe, the value of debt per adult varies considerably from an average of around 10,000 U.S. dollars in Europe to a much higher level in certain countries such as Switzerland. Debts can be formed in a number of ways. The most common forms of debt include credit cards, medical debt, student loans, overdrafts, mortgages, automobile financing and personal loans.

Graph and download economic data for Mortgage Debt Service Payments as a Percent of Disposable Personal Income (MDSP) from Q1 1980 to Q3 2024 about disposable, payments, mortgage, debt, personal income, percent, personal, services, income, and USA.

In the first quarter of 2024, household debt in the United States amounted to over 71 percent of its GDP. It can be generally observed that U.S. households are more indebted by the end of the year than in any other quarter. The debt of households peaked in the last quarter of 2020, reaching the highest value since 2013. Debt to GDP ratio As it can be observed here, the household debt to GDP ratio decreased overall in the recent years. The steady growth of the gross domestic product in the United States could be a factor explaining this tendency. If the volume of debt grows at a slower pace than the GDP, the debt to GDP ratio would decrease. In addition to that, the overall value of mortgage debt in the U.S., which is the most significant component of the household debt, decreased from 2012 to the third quarter of 2014, but it has rebounded since then. Public debt in the U.S. Public debt in the United States, which is the amount of money borrowed by the government to finance budget deficits, has been increasing almost every single year. Not only that, but according to that forecast it is also expected to keep increasing during the coming years. The major holders of American government debt, as of December 2022, were Federal Reserve and government accounts and foreign and international holders. The ratio of national debt to GDP of the United States was higher than that of other major economies, but lower than that of Japan. Some of the lowest debt to GDP ratios were observed in Hong Kong SAR, Kuwait, and Turkmenistan.

In the academic year of 2022/2023, 27.2 billion U.S. dollars was offered to students in the form of Federal Pell Grants. Altogether, 177 billion U.S. dollars worth of student aid were provided across the country.

For information on economic census geographies, including changes for 2012, see the economic census Help Center..Includes only establishments of firms with payroll. See Table Notes for more information. Data based on the 2012 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see Methodology..Table NameFinance and Insurance: Subject Series - Misc Subjects: Type of Loan Services Income by Selected Industries for the U.S.: 2012ReleaseScheduleThe data in this file are scheduled for release in June 2016.Key TableInformationSee Methodology. for information on data limitations.UniverseThe universe of this file is all establishments of firms with payroll in business at any time during 2012 and classified in Finance and Insurance (Sector 52).GeographyCoverageThe data are shown at the United States level only.IndustryCoverageThe data are shown for selected 6- and 7-digit 2012 NAICS codes.Data ItemsandOtherIdentifyingRecordsThis file contains data on:. Establishments.Revenue .Percent of loan services income from interest.Percent of loan services income from origination fees.Percent of loan services income from other fees.Each record includes an INCLOAN code which represents a specific type of loan services category.FTP DownloadDownload the entire table athttps://www2.census.gov/econ2012/EC/sector52/EC1252SXSB05.zipContactInformation. U.S. Census Bureau, Economy Wide Statistics Division. Data User Outreach and Education Staff. Washington, DC 20233-6900. Tel: (800) 242-2184. Tel: (301) 763-5154. ewd.outreach@census.gov. . .Symbols:D - Withheld to avoid disclosing data for individual companies; data are included in higher level totalsN - Not available or not comparableFor a complete list of all economic programs symbols, see the Symbols Glossary.Source: U.S. Census Bureau, 2012 Economic Census.Note: The data in this file are based on the 2012 Economic Census. To maintain confidentiality, the U.S. Census Bureau suppresses data to protect the identity of any business or individual. The census results in this file contain sampling and nonsampling error. Data users who create their own estimates using data from this file should cite the U.S. Census Bureau as the source of the original data only. For the full technical documentation, see Methodology link in above headnote.

Credit unions have experienced growth in recent years, stemming from increased membership and elevated interest rates throughout the period. The industry experienced improving macroeconomic conditions over the past five years, credit unions benefitted from increased consumer borrowing. Although at the onset of the period the industry was negatively impacted by economic volatility. Economic uncertainty led consumers to limit spending, while interest rates declined because the Federal Reserve lowered the Federal Funds Rate to the zero-bound range. Revenue climbed marginally by 0.2% in 2020. However, as the Federal Reserve raised interest rates in an attempt to curb inflation in 2022, industry revenue benefited. The industry experienced greater interest income demand although loan volumes were limited. However, in the latter part of the period the Fed slashed interest rates as inflationary pressures eased, hindering interest income but boosting loan demand volumes. Overall, industry revenue swelled at a CAGR of 2.1% to $113.1 billion over the past five years, including a 1.6% jump in 2025 alone. Industry profit has also climbed due to greater interest income revenue and will comprise 19.9% of revenue in 2025. Changes in the regulatory environment have and will continue to shape the direction of this industry. Greater demand for credit unions increases their systemic importance to the overall economy. These intermediaries are federally insured, so any liquidity crisis requiring federal intervention would burden taxpayers. Legislation dictating stricter capital requirements has been passed under the National Credit Union Association's Risk-Based Capital Final Rule despite lobbying and opposition. Despite an intensified regulatory landscape, industry revenue is expected to expand at a CAGR of 0.8% to $118.0 billion over the five years to 2030. As the economy settles back to normal, consumer borrowing activity is expected to mount. The industry is also likely to endure greater competition from commercial banks, as their improving customer satisfaction threatens credit union membership. Despite this challenge, credit unions are expected to continue to receive strong demand for mortgages as the rate of a 30-year conventional mortgage is expected to decline over the next five years.

Release Date: 2021-05-06.Release Schedule:.The data in this file come from the 2017 Economic Census. For information about economic census planned data product releases, see Economic Census: About: 2017 Release Schedules...Key Table Information:.Includes only establishments of firms with payroll..Data may be subject to employment- and/or sales-size minimums that vary by industry...Data Items and Other Identifying Records:.Number of establishments.Sales, value of shipments, or revenue ($1,000).Sales, value of shipments, or revenue of NAPCS products relating to this inquiry ($1,000).Percent of loan products income from interest (%).Percent of loan products income from origination fees (%).Percent of loan products income from other fees (%).Response coverage of loan products income inquiry (%)..Each record includes a code which represents a specific type of loan products category...Geography Coverage:.The data are shown for employer establishments at the U.S. level only. For information about economic census geographies, including changes for 2017, see Economic Census: Economic Geographies...Industry Coverage:.The data are shown for selected 6- and 7-digit 2017 NAICS codes. For information about NAICS, see Economic Census: Technical Documentation: Economic Census Code Lists...Footnotes:.Not applicable...FTP Download:.Download the entire table at: https://www2.census.gov/programs-surveys/economic-census/data/2017/sector52/EC1752LOAN.zip..API Information:.Economic census data are housed in the Census Bureau API. For more information, see Explore Data: Developers: Available APIs: Economic Census..Methodology:.To maintain confidentiality, the U.S. Census Bureau suppresses data to protect the identity of any business or individual. The census results in this file contain sampling and/or nonsampling error. Data users who create their own estimates using data from this file should cite the U.S. Census Bureau as the source of the original data only...To comply with disclosure avoidance guidelines, data rows with fewer than three contributing establishments are not presented. Additionally, establishment counts are suppressed when other select statistics in the same row are suppressed. For detailed information about the methods used to collect and produce statistics, including sampling, eligibility, questions, data collection and processing, data quality, review, weighting, estimation, coding operations, confidentiality protection, sampling error, nonsampling error, and more, see Economic Census: Technical Documentation: Methodology...Symbols:.D - Withheld to avoid disclosing data for individual companies; data are included in higher level totals.N - Not available or not comparable.S - Estimate does not meet publication standards because of high sampling variability, poor response quality, or other concerns about the estimate quality. Unpublished estimates derived from this table by subtraction are subject to these same limitations and should not be attributed to the U.S. Census Bureau. For a description of publication standards and the total quantity response rate, see link to program methodology page..X - Not applicable.A - Relative standard error of 100% or more.r - Revised.s - Relative standard error exceeds 40%.For a complete list of symbols, see Economic Census: Technical Documentation: Data Dictionary.. .Source:.U.S. Census Bureau, 2017 Economic Census.For information about the economic census, see Business and Economy: Economic Census...Contact Information:.U.S. Census Bureau.For general inquiries:. (800) 242-2184/ (301) 763-5154. ewd.outreach@census.gov.For specific data questions:. (800) 541-8345.For additional contacts, see Economic Census: About: Contact Us.

Revenue growth for the Finance and Insurance sector has varied in recent years, as a result of differing economic trends. The sector plays a vital role in facilitating necessary financial transactions between consumers, businesses and government agencies. The core services provided by operators in this sector include providing insurance products needed by businesses and consumers to legally operate corporations and assets; offering, borrowing and depository services needed to finance new projects and safely save money; and investing to create and preserve investors' assets. A wide range of operators in the sector benefited from improving macroeconomic conditions over the past five years. For example, In 2022, the Fed increased interest rates in an effort to curb historically high inflation. Although higher interest rates increased investment income from fixed-income securities for the finance and insurance sector. Recently in 2024, the Fed cut interest rates as inflationary pressured have eased. Reduced interest rates will enable consumers to borrow money at lower interest rates which will increase loan demand although reduced rates will hinder investment income from fixed-income securities for the sector. The Fed is anticipated to cut rates further in 2025, boosting loan demand but hindering interest income from each loan. In addition, the growing prevalence of emerging technologies such as AI and data analytic tools has streamlined operations and helped reduce operational costs. These tools help industry companies identify trends and potential risks more efficiently. Also the growth of mobile and digital platforms has increased customer satisfaction and accessibility, boosting demand for finance and insurance products and services. Over the past five years, industry revenue grew at a CAGR of 3.8% to $7.4 trillion, including a 2.9% jump in 2025 alone, with profit climbing to 23.6% in the same year. Sector revenue will increase at a CAGR of 2.5% to $8.4 trillion over the five years to 2030. As the economy continues to improve, per capita disposable income is expected to increase. This will likely lead to increased financial activity by consumers, which will likely be processed and facilitated by operators in the sector. The Federal Reserve is also anticipated to cut interest rates further. Reduced interest rates will reduce interest income for operators but will increase the volume of loans. In addition, the acquisition of financial technology start-ups to compete in a changing technological and financial environment will increase.

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q4 2024 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.