In England and Wales, individual insolvency rates among adults aged 18 to 24 fluctuated between 2014 and 2024. The highest rate was recorded in 2019, reaching **** insolvent adults per 10,000. The lowest rate occurred in 2015, at ***. As of 2024, the rate stood at ****.
Individual insolvency rates were calculated by dividing the total number of individuals becoming insolvent in the previous twelve months by the number of individuals in the relevant age or gender category. This was then multiplied by 10,000 to give the insolvency rate per 10,000 adults.
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GOV.UK. (March 24, 2025). Individual insolvency rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in insolvency numbers per 10,000 adults) [Graph]. In Statista. Retrieved July 02, 2025, from https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/
GOV.UK. "Individual insolvency rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in insolvency numbers per 10,000 adults)." Chart. March 24, 2025. Statista. Accessed July 02, 2025. https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/
GOV.UK. (2025). Individual insolvency rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in insolvency numbers per 10,000 adults). Statista. Statista Inc.. Accessed: July 02, 2025. https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/
GOV.UK. "Individual Insolvency Rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in Insolvency Numbers per 10,000 Adults)." Statista, Statista Inc., 24 Mar 2025, https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/
GOV.UK, Individual insolvency rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in insolvency numbers per 10,000 adults) Statista, https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/ (last visited July 02, 2025)
Individual insolvency rates of 18-24-year-olds in England and Wales from 2014 to 2024 (in insolvency numbers per 10,000 adults) [Graph], GOV.UK, March 24, 2025. [Online]. Available: https://www.statista.com/statistics/1616176/insolvency-rates-of-young-adults-england-wales/
