Share of Life Insurance Reserves Held by the Bottom 50% (1st to 50th Wealth Percentiles)
This dataset tracks share of life insurance reserves held by the bottom 50% (1st to 50th wealth percentiles) over time.
Latest Value
7.80
Year-over-Year Change
-1.27%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of total life insurance reserves held by individuals in the bottom 50% of the wealth distribution in the United States. It provides insights into wealth concentration and financial inclusion.
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 life insurance reserves held by the bottom 50% of wealth percentiles is an important indicator of the distribution of financial assets and the degree of wealth inequality in the U.S. economy. It helps analysts and policymakers understand patterns of financial asset ownership and access to insurance products.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses and administrative records.
Historical Context
This trend is relevant for assessing financial inclusion and the uneven distribution of financial resources in the economy.
Key Facts
- The bottom 50% of wealth holders owned just 1.9% of total life insurance reserves in 2019.
- Wealth concentration has increased, with the top 1% holding over 38% of total U.S. wealth in 2019.
- Access to financial products like life insurance remains uneven across the wealth distribution.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total life insurance reserves held by individuals in the bottom 50% of the wealth distribution in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth concentration and financial inclusion, helping analysts and policymakers understand patterns of financial asset ownership and access to insurance products.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on survey responses and administrative records.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing financial inclusion and the uneven distribution of financial resources in the economy, which is important for policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is published periodically by the Federal Reserve, with potential delays in availability.
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Citation
U.S. Federal Reserve, Share of Life Insurance Reserves Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSB50204), retrieved from FRED.