Share of Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks share of net worth held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
13.80
Year-over-Year Change
1.47%
Date Range
7/1/1989 - 1/1/2025
Summary
The 'Share of Net Worth Held by the Top 0.1%' tracks the percentage of total U.S. household wealth owned by the richest 0.1% of the population. This key indicator provides insight into economic inequality and wealth concentration at the top.
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 statistic represents the share of total net worth, or household assets minus liabilities, held by the wealthiest 0.1% of the U.S. population. It is a crucial metric for understanding the distribution of wealth and economic inequality in the country.
Methodology
The data is calculated by the Federal Reserve using survey responses and administrative records.
Historical Context
Policymakers and analysts use this trend to assess the degree of wealth concentration and its implications for economic mobility and social cohesion.
Key Facts
- The top 0.1% of U.S. households owned over 20% of total household wealth in 2019.
- Wealth inequality has increased significantly in recent decades.
- The share of wealth held by the top 0.1% is more than double the share held by the bottom 90% of households.
FAQs
Q: What does this economic trend measure?
A: The 'Share of Net Worth Held by the Top 0.1%' tracks the percentage of total U.S. household wealth owned by the richest 0.1% of the population.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into the degree of wealth concentration and inequality in the U.S., which has important implications for economic mobility, social cohesion, and policy discussions.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using survey responses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the distribution of wealth and its implications, informing discussions around economic inequality, taxation, and policies to promote more equitable growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the survey methodology may not fully capture the wealth of the very richest households.
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Citation
U.S. Federal Reserve, Share of Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1300), retrieved from FRED.