Borrowing Data

Debt and insolvency statistics in Armagh City, Banbridge and Craigavon 2026

Last updated November 2026 · Data to Q2 2026 · Armagh City, Banbridge and Craigavon

Debt and insolvency figures for Armagh City, Banbridge and Craigavon, from the Money and Pensions Service, the British Business Bank and the ONS.

15.36%

Need for debt advice

An estimated 15.36% of adults in Armagh City, Banbridge and Craigavon needed debt advice in 2022.

Source: Need for Debt Advice in the UK - 2022: Lower-Tier Local Authority estimates, Money and Pensions Service, 2022

Lower-tier local authority estimate; LA code N09000002; region or nation as published: Northern Ireland. Small area model estimate from the 2022 debt need survey, released 28 September 2023; the file says confidence intervals are around 5 to 6 percentage points wide at both limits. Workbook value 0.1536.

5,502

Covid loans offered

By the schemes' close in 2021, lenders had offered 5,502 loans in Armagh City, Banbridge and Craigavon under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook. County: Northern Ireland. District as spelled in the workbook, which uses the boundaries in force in 2021.

£256.5m

Covid loans offered, value

By the schemes' close in 2021, loans offered in Armagh City, Banbridge and Craigavon were worth £256.5 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook. County: Northern Ireland. District as spelled in the workbook, which uses the boundaries in force in 2021.

176,061

Residents aged 16 and over

The estimated population aged 16 and over in Armagh City, Banbridge and Craigavon was 176,061 at mid-2025.

Source: Population estimates - local authority based by single year of age (Nomis NM_2002_1), mid-year estimates, Office for National Statistics, 30 June 2025

ONS mid-2025 population estimates (published 29 July 2026 for England and Wales; Scotland and Northern Ireland as carried in the same Nomis table), local authority boundaries as of April 2023, usual residents, as returned by the Nomis 'Aged 16+' category.

£186,993

Average house price

The average house price in Armagh City, Banbridge and Craigavon was £186,993 in Quarter 2 (April to June) 2026.

Source: UK House Price Index: monthly price statistics, worksheet 11 (Northern Ireland local authority values), Office for National Statistics, Q2 2026

UK House Price Index, all property types, not seasonally adjusted, rounded to the nearest pound. Data collected by HM Land Registry and Registers of Scotland (Northern Ireland quarterly, from Land and Property Services). Latest two months may be revised. Northern Ireland local authority values are quarterly.

Key points

An estimated 15.36% of adults in Armagh City, Banbridge and Craigavon needed debt advice in 2022. By the schemes' close in 2021, lenders had offered 5,502 loans in Armagh City, Banbridge and Craigavon under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme. By the schemes' close in 2021, loans offered in Armagh City, Banbridge and Craigavon were worth £256.5 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

Frequently asked questions

What share of adults in Armagh City, Banbridge and Craigavon needed debt advice in 2022?

An estimated 15.36% of adults in Armagh City, Banbridge and Craigavon needed debt advice in 2022.

How many Covid loans were offered in Armagh City, Banbridge and Craigavon by 2021?

By the schemes' close in 2021, lenders had offered 5,502 loans in Armagh City, Banbridge and Craigavon under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

What was the value of Covid loans offered in Armagh City, Banbridge and Craigavon by 2021?

By the schemes' close in 2021, loans offered in Armagh City, Banbridge and Craigavon were worth £256.5 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.