Share of Loans (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01128 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
-13.21%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the share of total loans or liabilities held by the wealthiest 1% of U.S. households. It provides insight into wealth and credit concentration at the top of the income distribution.
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 Federal Reserve tracks this statistic to monitor the degree to which loans and debt obligations are concentrated among the highest-wealth individuals. It's a key indicator of economic inequality and the distribution of credit access.
Methodology
This data is calculated from the Federal Reserve's Survey of Consumer Finances.
Historical Context
Policymakers and economists use this metric to assess financial stability risks and the equity of credit markets.
Key Facts
- The top 1% held over 69% of total loans and liabilities in 2019.
- Loan concentration at the top has risen significantly since the 1980s.
- High credit concentration can amplify financial stability risks.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total loans and liabilities held by the wealthiest 1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into wealth and credit concentration, which are key indicators of economic inequality and financial stability risks.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the equity of credit markets and potential financial stability risks.
Q: Are there update delays or limitations?
A: The data is published periodically based on the Survey of Consumer Finances, which has a delay between collection and publication.
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Citation
U.S. Federal Reserve, Share of Loans (Liabilities) Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01128), retrieved from FRED.