Wednesday 18 January 2012

BANK NOTE STATISTICS

Stock of Notes in Circulation at end-February (value) (£ millions)

£5 £10 £20 £50 Other
notes*
Total
2004 1,025 5,714 20,070 5,742 3,465 36,015
2005 1,054 5,670 21,649 6,082 960 35,416
2006 1,051 5,591 22,690 6,510 1,071 36,914
2007 1,100 5,886 23,740 6,705 1,018 38,449
2008 1,242 6,115 25,649 7,526 4,447 44,979
2009 1,302 6,304 28,089 8,691 4,222 48,608
2010 1,245 6,399 30,048 9,248 3,280 50,220
2011
1,355
6,493
30,973
9,940
3,433
52,194
* higher value notes used as cover for the note issues of banks in Scotland and Northern Ireland in excess of their fiduciary issues

Production of Bank of England banknotes
(Millions of Notes)
£5 £10 £20 £50 Total
2003/04 179 270 276 24 749
2004/05 194 510 136 0 840
2005/06 110 370 468 30 978
2006/07 70 128 271 0 469
2007/08 18 92 882 20 1,012
2008/09 338 400 498 62 1,298
2009/10 183 300 768 118 1,369
2010/11
456
568
266
0
1290

Issue of Bank of England banknotes by value
(£ Millions)
£5 £10 £20 £50 Total
2003/04 1,545 3,367 4,589 525 10,027
2004/05 534 2,978 6,363 608 10,482
2005/06 314 2,287 6,825 331 9,757
2006/07 532 3,233 6,551 658 10,973
2007/08 812 3,298 14,416 921 19,447
2008/09 749 3,250 11,718 1,550 17,267
2009/10 655 2,856 9,242 1,312 14,065
2010/11
975
3,033
8,308
1,139
13,455

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Issue of Bank of England banknotes by number of notes
(Millions of Notes)
£5 £10 £20 £50 Total
2003/04 309 337 229 11 886
2004/05 107 298 318 12 735
2005/06 63 229 341 7 639
2006/07 106 323 328 13 770
2007/08 162 330 721 18 1,231
2008/09 150 325 586 31 1,092
2009/10 131 286 462 26 905
2010/11
195
303
415
23
936

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Destruction of Bank of England banknotes by value
(£ Millions)
£5 £10 £20 £50 Total
2003/04 585 3,303 4,600 116 8,604
2004/05 768 2,154 4,031 107 7,059
2005/06 485 2,798 5,295 303 8,881
2006/07 674 3,085 5,468 320 9,547
2007/08 945 3,121 10,520 344 14,930
2008/09 754 3,044 7,423 191 11,412
2009/10 735 2,933 8,664 400 12,732
2010/11
746
3,000
13,131
364
17,241

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Destruction of Bank of England banknotes by number of notes
(Millions of Notes)
£5 £10 £20 £50 Total
2003/04 117 330 230 2 680
2004/05 154 215 202 2 573
2005/06 97 280 265 6 648
2006/07 135 309 273 6 723
2007/08 189 312 526 7 1,034
2008/09 151 304 371 4 830
2009/10 147 293 433 8 882
2010/11
149
300
657
7
1,113

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Damaged or mutilated Bank of England note claims received


Reason for claim No of claims Value of claims (£Thousands)
2003 Torn/part note
17,156
£782
Chewed/eaten
4,385
£83
Washed
3,491
£98
Contaminated
2,256
£19,746
Fire/flood damage
1,629
£636
Total: 28,917
Total: £21,345
2004 Torn/part note
17,220
£1,135
Chewed/eaten
4,272
£86
Washed
3,238
£89
Contaminated
2,869
£26,460
Fire/flood damage
1,579
£761
Total: 29,178
Total: £28,531
2005 Torn/part note
20,756
£1,955
Chewed/eaten
4,692
£98
Washed
3,441
£88
Contaminated
3,242
£37,557
Fire/flood damage
1,521
£905
Total: 33,652
Total: £40,603
2006 Torn/part note
21,755
£2,244
Chewed/eaten
4,956
£103
Washed
3,274
£87
Contaminated
4,116
£35,571
Fire/flood damage
1,424
£905
Total: 35,525
Total: £38,910
2007 Torn/part note
19,788
£2,303
Chewed/eaten
4,748
£92
Washed
2,826
£73
Contaminated
4,295
£35,381
Fire/flood damage
1,454
£2,407
Total: 33,111
Total: £40,256
2008 Torn/part note
19,235
£2,116
Chewed/eaten
4,916
£113
Washed
2,529
£82
Contaminated
4,287
£30,635
Fire/flood damage
1,451
£1,026
Total: 32,418
Total: £33,972
2009 Torn/part note
18,203
£2,701
Chewed/eaten
5,185
£114
Washed
2,433
£75
Contaminated
4,239
£21,970
Fire/flood damage
1,443
£810
Total: 31,503
Total: £25,670
 
2010 Torn/part note 17,289 £3,315
  Chewed/eaten 5,324 £111
  Washed 2,257 £75
  Contaminated 3,728 £13,932
  Fire/flood damage 1,495 £1,348
  Total: 30,093 Total: £18,781

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