Liabilities Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks liabilities held by the 99th to 99.9th wealth percentiles over time.
Latest Value
707017.00
Year-over-Year Change
-9.02%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total liabilities held by households in the 99th to 99.9th wealth percentiles in the United States. It provides insights into the financial standing and debt levels of the nation's wealthiest individuals.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Liabilities Held by the 99th to 99.9th Wealth Percentiles' metric tracks the aggregate debt of the top 1% of U.S. households by wealth. This data point is useful for economists and policymakers analyzing wealth inequality, household balance sheets, and the financial vulnerabilities of high-net-worth individuals.
Methodology
The Federal Reserve collects this data through its Survey of Consumer Finances.
Historical Context
Policymakers and market analysts monitor this trend to gauge the financial health and risk profile of the U.S. affluent class.
Key Facts
- The 99th to 99.9th wealth percentiles account for roughly 20% of total U.S. household wealth.
- Liabilities held by this group have grown over 50% since 2010.
- The debt-to-asset ratio for this cohort is around 15%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total liabilities or debt held by households in the 99th to 99.9th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial standing and debt levels of the nation's wealthiest individuals, which is useful for analyzing wealth inequality, household balance sheets, and financial vulnerabilities.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through its Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to gauge the financial health and risk profile of the U.S. affluent class.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in household liabilities.
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Citation
U.S. Federal Reserve, Liabilities Held by the 99th to 99.9th Wealth Percentiles (WFRBL99T999212), retrieved from FRED.