Household finances 2004-2010

  • Statistical Series
  • 19. November 2010
  • Vol 95, Issue 68
  • ISSN: 1670-4509

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In the Statistics Iceland SILC survey 2010, 10.1% of households said they were in arrears on mortgage or rent payments in the past 12 months and 13.3% of households were in arrears on other loans. 16,5% of households said that housing cost was a heavy burden and 19,2% said that payments of other loans were a heavy burden. Just below 50% of households were struggling to make ends meet. Single parents were most likely to be in financial difficulties in 2010 and households with the mean age of 30-39 years had most financial difficulties.

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