Real household disposable income per person in the United Kingdom is expected to grow 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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Annual 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 decreased to 417902 GBP Million in the first quarter of 2025 from 421732 GBP Million in the fourth quarter of 2024. This dataset provides - United Kingdom Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2022/23, households in the top decile group in the United Kingdom had, on average,68,406 British pounds in equivalized disposable household income, compared with the average of 34,462 pounds.
In 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.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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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.
In 2022/23 the mean disposable income per household in the United Kingdom was ****** British pounds, while the median disposable income for households was ****** pounds
Official statistics are produced impartially and free from political influence.
This 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.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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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.
In 2023, the highest average amount of disposable income for any age group occurred in the 35 to 44-year-old group, while the age group with the lowest average disposable income were those aged 85 and over.
In 2022/23, the top quintile of earners in the United Kingdom had an average household disposable income of approximately ****** British pounds, compared with ****** for the bottom quintile.
The real disposable income of households in the UK shrank by ****percent in the first quarter of 2025, compared with an increase of ****percent in the previous quarter.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Annual estimates of UK regional gross disposable household income (GDHI) for other economic and enterprise regions.
This statistic presents the index level of real household disposable income per capita in the United Kingdom (UK) as of March 2016 and a forecast thereof from the second quarter 2016 to the fourth quarter 2020. Disposable real income was forecasted to reach over *** index points in the third quarter of 2020, growing from the initial level of *** points in 2010. Between 2018 and 2024, the annual change of real household disposable income is further forecast to increase year-on-year by over one percent .
Official statistics are produced impartially and free from political influence.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Comparison of first estimates of real households disposable income with estimates published a quarter later.
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Disposable Income United Kingdom is available at 5-digit postal code 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.
This statistic shows the household disposable income per head excluding services in kind provided by the Government in the United Kingdom (UK) from the first quarter of 2008 to the fourth quarter of 2012. In the first quarter of 2012, the household disposable income was 3,673 British pounds.
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United Kingdom HN: Uses: 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: Uses: 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: Uses: 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.AB050: ESA10: Resources and Uses: Household and Non Profit Institutions Serving Households: Secondary Income.
Real household disposable income per person in the United Kingdom is expected to grow 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.