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Household Debt-Service Ratio

Required debt payments as a share of disposable income.

Household Debt-Service Ratio
11.2%
Percent · latest, Jan 2026
vs prior quarter▼ 0.2 pp
vs year ago▲ 0.1 pp
Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 202010%11%12%13%14%15%2005201020152020202511.2%
Household Debt-Service Ratio — one value per year; US recessions are shaded on the chart.
YearHousehold Debt-Service Ratio
200515.0%
200615.5%
200715.8%
200815.7%
200914.9%
201013.6%
201112.7%
201211.8%
201312.0%
201411.6%
201511.7%
201611.9%
201711.8%
201811.7%
201911.7%
202010.4%
202110.2%
202210.7%
202311.1%
202411.1%
202511.3%
202611.2%

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: FRED · TDSP · series · Jan 2005 to Jan 2026 · latest-revised

Refreshed Jul 31, 2026 from FRED.

Required debt payments as a share of disposable income.

Required household debt payments as a percentage of disposable personal income.

Source: FRED · Jan 2026 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.

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No single number is the economy. These measure nearby parts of it — add one to compare, or open it on its own.