Share of Deposits Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBSTOP1DE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.60
Year-over-Year Change
-2.07%
Date Range
7/1/1989 - 1/1/2025
Summary
Measures the percentage of total bank deposits held by the top 1% of wealth holders. Provides a proportional view of wealth concentration in the banking system.
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 metric calculates the share of bank deposits controlled by the wealthiest percentile. It illustrates relative financial resource distribution.
Methodology
Calculated by dividing top 1% deposit value by total banking system deposits.
Historical Context
Used to analyze economic inequality and financial resource allocation.
Key Facts
- Represents percentage of deposits held by top 1%
- Indicates relative wealth concentration
- Helps track economic inequality trends
FAQs
Q: What does this percentage indicate?
A: The proportion of total bank deposits controlled by the top 1% of wealth holders.
Q: Why is deposit share important?
A: Reveals economic inequality and financial resource distribution across wealth groups.
Q: How is this percentage calculated?
A: Divides top 1% deposit value by total banking system deposits, expressed as a percentage.
Q: What can this data tell economists?
A: Provides insights into wealth concentration and potential economic policy challenges.
Q: Are there data collection limitations?
A: Represents a specific time period and may not capture rapid economic changes.
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Citation
U.S. Federal Reserve, Share of Deposits Held by the Top 1% (WFRBSTOP1DE), retrieved from FRED.