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Changes in the distribution of wealth since 2003

Wealth inequalityInequalityInequality

In 2003, wealth was shared very unequally. The highest 10% had 42% of all wealth, the middle 30% had 38% and the lower 60% had 20%.

By 2018, the distribution was skewed even further towards the richest. The highest 10% had 47% of all wealth, the middle 30% had 37% and the lower 60% had 16%.

During the COVID recession and recovery, wealth inequality moderated somewhat but wealth was still distributed more unequally than in 2003. By 2021, the highest 10% had 46% of all wealth, the middle 30% had 38% and the lower 60% had 17%.

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