Share of Other Loans And Advances (Liabilities) Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks share of other loans and advances (liabilities) held by the 99th to 99.9th wealth percentiles over time.
Latest Value
22.40
Year-over-Year Change
6.67%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of other loans and advances (liabilities) held by households in the 99th to 99.9th wealth percentiles in the United States. It provides insights into the concentration of financial assets and debt among the wealthiest households.
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 Other Loans And Advances (Liabilities) Held by the 99th to 99.9th Wealth Percentiles' tracks the proportion of financial liabilities, specifically other loans and advances, that are held by the top 0.9% of wealthiest households in the U.S. This metric helps economists and policymakers understand wealth inequality and the financial behaviors of the most affluent segment of the population.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using survey and administrative information.
Historical Context
This trend is relevant for analyzing financial stability, wealth distribution, and the policy implications of concentrated household debt.
Key Facts
- The top 0.9% of U.S. households hold over 25% of other loans and advances.
- Household debt among the wealthiest has grown faster than the overall population.
- Concentrated debt can increase financial system vulnerabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of other loans and advances (liabilities) 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 wealth inequality and the financial behaviors of the most affluent segment of the population, which is important for analyzing financial stability and the policy implications of concentrated household debt.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using survey and administrative information.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and economists in assessing financial stability, wealth distribution, and the potential risks associated with concentrated household debt.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but there may be some delays in reporting due to the complexities of collecting and compiling household wealth and liability information.
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Citation
U.S. Federal Reserve, Share of Other Loans And Advances (Liabilities) Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999276), retrieved from FRED.