Share of Deposits Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBSDEB50 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.50
Year-over-Year Change
0.00%
Date Range
7/1/1989 - 1/1/2025
Summary
The 'Share of Deposits Held by the Bottom 50% (1st to 50th Wealth Percentiles)' measures the percentage of total bank deposits held by households in the bottom half of the U.S. wealth distribution. This metric provides insight into wealth inequality 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
This economic indicator tracks the concentration of bank deposits among the least wealthy half of U.S. households. It offers a snapshot of the wealth and financial power distribution across the population, which is a key consideration for policymakers and financial analysts.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on household balance sheet surveys.
Historical Context
This trend is used to assess financial inequality and access to the banking system, which informs policy decisions and market analyses.
Key Facts
- The bottom 50% of U.S. households held just 1.9% of total bank deposits in 2021.
- Deposit concentration has increased over time, with the top 1% of households holding 32% of deposits in 2021.
- Wealth inequality is a key focus area for economic policymakers and financial regulators.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of total bank deposits held by households in the bottom 50% of the U.S. wealth distribution.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wealth inequality and financial inclusion, which are crucial considerations for policymakers and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on household balance sheet surveys.
Q: How is this trend used in economic policy?
A: This trend is used to assess financial inequality and access to the banking system, which informs policy decisions.
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 the latest figures.
Related Trends
Share of Consumer Durables Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01111
Share of Home mortgages Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01129
Share of Consumer Credit Held by the Bottom 50% (1st to 50th Wealth Percentiles)
WFRBSB50211
Share of Mortgages Held by the 90th to 99th Wealth Percentiles
WFRBSN09148
Share of Deferred And Unpaid Life Insurance Premiums Held by the 99th to 99.9th Wealth Percentiles
WFRBS99T999261
Share of Corporate Equities and Mutual Fund Shares Held by the 50th to 90th Wealth Percentiles
WFRBSN40176
Citation
U.S. Federal Reserve, Share of Deposits Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSDEB50), retrieved from FRED.