This means if the indebted households had spent 163,000 won on repaying debt out of their disposable income
of 1 million won in 2012, they spent 232,000 won for the same purpose last year, the BOK analysis said.
Experts from accountancy firm UHY Hacker Young said the resurgence in the engineering and advanced manufacturing output of the Midlands had driven the growth in Birmingham's disposable income
. Economic growth in Birmingham has outpaced most other cities in recent years, on the back of Jaguar Land Rover and investment ahead of HS2.
The researchers note that Wales was the part of the UK where there was the least variation in disposable income
between the richest and poorest areas.
"The decline in real household disposable income
in the final quarter of 2010 will almost certainly continue in the first quarter of 2011, as high consumer price inflation - now over double the Bank of England's target - erodes household spending power.
While disposable income
has risen as a whole in Wales over the past two decades, the rate of growth has been much slower than elsewhere.
7 How much more disposable income
the richest 20% of the UK has had compared to the poorest 20%, over time 6
Prioritise Once you've factored in any extra money you can bring in and savings you can make, if your disposable income
is enough to start clearing your debts, then it's easy - you'll be able to start paying everything off.
UK HOUSEHOLDS remain concerned about their economic outlook, disposable incomes
and debt levels, according to survey data out today.
[UKPRwire, Thu Jul 04 2019] The growing healthcare expenditure and rising disposable income
of people are expected to lead to an expansion in the applications of Disposable Negative Pressure Wound Therapy Devices across the globe.
The high disposable income
in the US leads to high affordability of the technologicaly advanced skin vare devices in the country.
The study also displayed the lower 20 percent income bracket's disposable income
was 1.25 million won, also down 2.5 percent from the same period last year.
The CSO said: "Dublin continues to remain the only region with higher per capita disposable income
than the State average during the entire 2007-2016 period while the Midland, Border and West regions continue to earn significantly less than the State average."