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Increase in average wealth by wealth group

Wealth inequalityInequality

[infogram id=”_/DXwhDVpKjLxkxdF1UQWL” prefix=”ZgV” format=”interactive” title=”2023_increase in average wealth by wealth group v2″]

This graph compares the increase in real value (after inflation is taken into account) of average wealth holdings of each wealth group.

Between 2003-04 and 2022-23:

  • The average wealth of the highest 20% wealth group rose by 82%.
  • The average wealth of the middle 20% wealth group rose by 61%
  • The average wealth of the lowest 20% wealth group rose by 20%.

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