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Estimates of UK regional gross disposable household income (GDHI) at current prices for ITL1, ITL2 and ITL3 regions.
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Disposable Personal Income in the United Kingdom increased to 443916 GBP Million in the second quarter of 2025 from 442635 GBP Million in the first quarter of 2025. This dataset provides - United Kingdom Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2022/23 the median annual household disposable income in the United Kingdom amounted to approximately ****** British pounds. Between 1994/95 and 2007/08 the average household disposable income showed year-on-year increases, but after this point, income levels began to stagnate and even decline in some years. Although average household disposable resumed a steady growth pattern between 2012/13 and 2016/17, it has fluctuated in more recent years, and declined in the most recent two years. Economic shocks and disposable income The steady growth of disposable income from 1994 to 2008 reflected the generally healthy UK economy in that period. After the global financial crisis, however, the UK economy was plunged into a deep recession that is mirrored by a decline in disposable income. Although there was a period of recovery between 2013 and 2016, the UK economy has suffered a series of economic shocks since that point. The Brexit Referendum of 2016, and the subsequent economic and political fallout, was followed by the COVID-19 pandemic in 2020, and in more recent years by the Inflation Crisis and Ukraine War. Living costs putting UK households under pressure Between January and April 2022, the share of people reporting an increase in their living costs compared with the previous month rose from ** percent to ** percent. This corresponded with significant price increases at that time, with CPI inflation surging from *** percent in February 2021 to a **-year-high of **** percent by October 2022. Although inflation did gradually start to decline in the following months, it wasn't until July 2023 that wages caught up with inflation. The surge in energy and food prices that caused this high inflation, was devastating for UK households, leading to the worst Cost of Living Crisis for decades.
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Annual estimates of UK regional gross disposable household income (GDHI) for local authorities by International Territorial Level (ITL) region.
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TwitterReal household disposable income per person in the United Kingdom is expected to have grown by ***** percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by *** percent, after falling by *** percent in 2021/22, and *** percent in 2020/21.
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Average UK household incomes taxes and benefits by household type, tenure status, household characteristics and long-term trends in income inequality.
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TwitterIn 2023/24 the mean disposable income per household in the United Kingdom was ****** British pounds, while the median disposable income for households was ****** pounds
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Annual estimates of UK regional gross disposable household income (GDHI) for combined authorities and city regions.
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TwitterIn 2023/24, households in the top decile group in the United Kingdom had, on average, over 71,000 British pounds in equalized disposable household income, compared with the overall average of almost 37,000 pounds.
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TwitterOfficial statistics are produced impartially and free from political influence.
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This article examines the effect of VAT on average disposable income for both low income and high income households. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: The effect of VAT on household disposable income
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TwitterOfficial statistics are produced impartially and free from political influence.
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TwitterIn 2024, the highest median amount of disposable income was among those aged 25 to 34 year-olds, at 43,552 pounds, with the highest mean income among those aged between 55 and 65.
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This article provides an initial insight into key measures of household income and inequality, along with analysis of how these measures have changed over time. Source agency: Office for National Statistics Designation: National Statistics Language: English
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Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
This report analyses real disposable income for households and non-profit institutions serving households (NPISH) in the United Kingdom. Examples of NPISH include churches and religious societies, sports and other clubs, trade unions and political parties. Disposable income is calculated as the sum of all income from wages and salaries, self-employment, private pensions and investments plus cash benefits from the government minus all direct taxes (e.g., income tax). The data, at chained volume measures and as adjusted for seasonality, is sourced from the Office for National Statistics (ONS) and is measured in constant 2019 prices. Annual figures are quoted over fiscal years (i.e., April-March). Forecast data is estimated by IBISWorld, with reference to the Office for Budget Responsibility's 'Economic and fiscal outlook – March 2022' publication.
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TwitterOfficial statistics showing annual estimates of NUTS3 regional Gross Value Added (GVA) and Gross disposable household Income (GDHI). Tables show estimates of total GVA, GVA per head, GVA per head index, Gross disposable household Income (GDHI) and GDHI per head at current basic prices. Gross Value Added (GVA) (Income Approach) estimates at current prices for the years since 1997 for the 12 regions and countries of the UK plus Extra-Regio (NUTS1). Data available at NUTS1 (eg London), NUTS2 (eg Inner London), and NUTS3 level (eg Inner London - West). Gross disposable household income (GDHI) is the amount of money that households have available for spending or saving, hence ‘disposable income’. This is the money left after expenditure associated with income e.g. taxes and social contributions, property ownership and provision for future pension income. It is produced and published at current basic prices and is made up of a number of components. GDHI is comprised of the sum of two balances, the balances of primary and secondary incomes. The balance of primary incomes is mainly employment income, self-employment income, rental income and income from deposits and investments, less interest paid. The balance of secondary incomes is mainly income from benefits, pensions and insurance claims less income tax, council tax, pension contributions and insurance premia. The NUTS2 and 3 boundaries were changed from 1st January 2015. For London, the former NUTS3 areas are now the NUTS2 areas, and the new NUTS3 areas comprise smaller groups of local authorities. A range of Regional Economic Indicators are available on the ONS website. Relevant links: http://www.ons.gov.uk/ons/rel/regional-accounts/regional-gross-value-added--income-approach-/index.html http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Regional+GVA
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Average weekly household expenditure on goods and services in the UK. Data are shown by region, age, income (including equivalised) group (deciles and quintiles), economic status, socio-economic class, housing tenure, output area classification, urban and rural areas (Great Britain only), place of purchase and household composition.
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TwitterThis statistic shows the predicted change in real household disposable income in the United Kingdom (UK) between 2017 and 2023, as a percentage change from the same time the preceding year. The real disposable income of the households is forecasted to increase almost every year with the lowest increase rate being 0.4 percent between 2020 and 2021.
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Disposable Income United Kingdom is available at Postal Code Sector level and refers to an individual or household's net income once taxes and other employer deductions are taken into account. In other words, it is the amount of money an individual has for spending on essential and non-essential goods and services.
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United Kingdom HN: RC: Households' Gross Disposable Income data was reported at 357,787.000 GBP mn in Jun 2018. This records an increase from the previous number of 332,055.000 GBP mn for Mar 2018. United Kingdom HN: RC: Households' Gross Disposable Income data is updated quarterly, averaging 73,795.000 GBP mn from Mar 1955 (Median) to Jun 2018, with 254 observations. The data reached an all-time high of 357,787.000 GBP mn in Jun 2018 and a record low of 3,069.000 GBP mn in Mar 1955. United Kingdom HN: RC: Households' Gross Disposable Income data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.AB051: ESA10: Resources and Uses: Household and Non Profit Institutions Serving Households: Disposable Income.
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Estimates of UK regional gross disposable household income (GDHI) at current prices for ITL1, ITL2 and ITL3 regions.