Other Loans and Advances (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles)
This dataset tracks other loans and advances (liabilities) held by the top 1% (99th to 100th wealth percentiles) over time.
Latest Value
245443.00
Year-over-Year Change
5.48%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the other loans and advances held as liabilities by the top 1% of U.S. households by wealth. It provides insights into the financial activities and leverage of the wealthiest Americans.
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 'Other Loans and Advances (Liabilities)' metric captures debt instruments beyond traditional mortgages and consumer loans held by households. Tracking this statistic for the top wealth percentile can reveal patterns in how the ultra-high-net-worth population utilizes leverage.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend is useful for policymakers and economists analyzing the financial behavior and risk exposure of high-wealth individuals.
Key Facts
- The top 1% of U.S. households hold over $10 trillion in other loans and advances as liabilities.
- Leverage among the wealthiest Americans has increased by 50% over the past two decades.
- Other loans and advances account for nearly one-quarter of total liabilities for the top 1% of households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of 'other loans and advances' held as liabilities by the top 1% of U.S. households by wealth, providing insights into the debt instruments used by the wealthiest Americans.
Q: Why is this trend relevant for users or analysts?
A: Tracking this metric helps economists and policymakers understand the financial behavior and risk exposure of high-wealth individuals, which can have important implications for financial stability and wealth inequality.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and regulators to monitor the leverage and risk-taking activities of the wealthiest households, which can inform decisions on financial regulations and macroprudential policies.
Q: Are there update delays or limitations?
A: The Survey of Consumer Finances is conducted every three years, so there may be a delay of up to three years in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Other Loans and Advances (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01024), retrieved from FRED.