Share of Net Worth Held by the 99th to 99.9th Wealth Percentiles
WFRBS99T999273 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
0.59%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of total household net worth held by the 99th to 99.9th wealth percentiles in the United States. Understanding wealth concentration at the top is crucial for policymakers and economists analyzing inequality.
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 share of net worth held by the 99th to 99.9th wealth percentiles represents the concentration of wealth among the upper echelon of U.S. households. This metric provides insight into the degree of wealth inequality and can inform discussions around taxation, social programs, and economic mobility.
Methodology
The data is calculated by the Federal Reserve using survey responses on household assets and liabilities.
Historical Context
Policymakers and analysts monitor this wealth concentration trend to gauge the uneven distribution of economic resources.
Key Facts
- The top 0.1% of U.S. households hold over 20% of total household net worth.
- Wealth inequality has increased significantly in the U.S. over the past several decades.
- The share of wealth held by the 99th to 99.9th percentiles has risen from around 10% in the 1980s to over 20% today.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total U.S. household net worth held by the 99th to 99.9th wealth percentiles, providing insight into wealth concentration at the top.
Q: Why is this trend relevant for users or analysts?
A: Understanding the degree of wealth inequality is crucial for policymakers and economists analyzing economic fairness, social mobility, and the distribution of economic resources.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this metric using survey data on household assets and liabilities.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this wealth concentration trend to inform discussions around taxation, social programs, and policies aimed at reducing economic inequality.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, with potential lags in availability depending on the survey cycle.
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Citation
U.S. Federal Reserve, Share of Net Worth Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999273), retrieved from FRED.