In the 2023/24 financial year, various measures of inequality in the United Kingdom are higher than in the late 1970s. The S80/20 ratio increased from ****to ***, the P90/10 ratio from ****to ***, and the Palma ratio from *** to ***.

Average UK household incomes taxes and benefits by household type, tenure status, household characteristics and long-term trends in income inequality.

Ratio of household equivalised income of the top 10 per cent of households to the income of the bottom 10 per cent of households. Ratio calculated using weekly household income adjusted to take account of differences in numbers and ages of residents. This dataset is one of the Greater London Authority's measures of Economic Fairness. Click here to find out more. This dataset is one of the Greater London Authority's measures of Economic Development strategy. Click here to find out more.

Historical dataset showing U.K. income inequality - gini coefficient by year from N/A to N/A.

In 2023/24, the top twenty percent of earners in the United Kingdom had an average household disposable income of over******* British pounds, compared with ****** for the bottom twenty percent.

At the turn of the twentieth century, the wealthiest one percent of people in the United Kingdom controlled 71 percent of net personal wealth, while the top ten percent controlled 93 percent. The share of wealth controlled by the rich in the United Kingdom fell throughout the twentieth century, and by 1990 the richest one percent controlled 16 percent of wealth, and the richest ten percent just over half of it.

Proportions and numbers of children, working age adults and pensioners in Scotland in absolute and relative poverty. Also contains figures on the distribution of household income. Source agency: Scottish Government Designation: National Statistics Language: English Alternative title: Poverty and Income Inequality in Scotland

In 2024, the United Kingdom's Gini coefficient score was 34.1, an increase when compared with the previous year. The Gini coefficient is a measurement of inequality within economies, a lower score indicates more equality while a higher score implies more inequality.

The gini index in the United Kingdom was forecast to remain on a similar level in 2029 as compared to 2024 with **** points. According to this forecast, the gini will stay nearly the same over the forecast period. The Gini coefficient here measures the degree of income inequality on a scale from * (=total equality of incomes) to *** (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

Examines how taxes and benefits redistribute income between various groups of households in the UK. The study shows where different types of households and individuals are in the income distribution and looks at the changing levels of income inequality over time. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: household income

The overall wealth of households in the United Kingdom was **** trillion British pounds in the period between 2020 and 2022. Of this overall wealth, the top ten percent of households had over *** trillion pounds of wealth, compared with **** billion owned by the lowest wealth decile.

Supplementary files for article Long-term relatedness and income distribution: understanding the deep roots of inequalityThis article explores the role of long-term relatedness between countries, captured by an index of genetic distance, in driving worldwide differences in income inequality. The main hypothesis is that genetic distance gives rise to barriers to the international diffusion of redistributive policies and measures, and institutions, leading to greater income disparities. Using cross-country data, I consistently find that countries that are genetically distant to Denmark—the world frontier of egalitarian income distribution—tend to suffer from higher inequality, ceteris paribus. I also demonstrate that genetic distance is associated with greater bilateral differences in income inequality between countries. Employing data from the European Social Survey, I document that second-generation Europeans descending from countries with greater genetic distance to Denmark are less likely to exhibit positive attitudes towards equality. Further evidence suggests that effective fiscal redistribution is a key mechanism through which genetic distance to Denmark transmits to greater income inequality.

What does the data show?

The data shows the S80/S20 income quintile ratio from the UK Climate Resilience Programme UK-SSPs project. The data is available for each ONS NUTS3 shape simplified to a 10m resolution.

The S80/S20 ratio is a measure of the inequality of income distribution. The ratio is the total income received by the 20% of the population with the highest income (the top quintile) against the total income received by the 20% of the population with the lowest income (the bottom quintile).

The data is available for the end of each decade. This dataset contains SSP1, SSP2, SSP3, SSP4 and SSP5. For more information see the table below.

Indicator

Inequality

Metric

S80/S20 income quintile ratio

Unit

Ratio [unitless]

Spatial Resolution

NUTS 3

Temporal Resolution

Decadal

Sectoral Categories

N/A

Baseline Data Source

OECD 2011

Projection Trend Source

Stakeholder process

What are the naming conventions and how do I explore the data?

This data contains a field for the year at the end of each decade. A separate field for 'Scenario' allows the data to be filtered, e.g. by scenario 'SSP3'.

To understand how to explore the data, see this page: https://storymaps.arcgis.com/stories/457e7a2bc73e40b089fac0e47c63a578

Please note, if viewing in ArcGIS Map Viewer, the map will default to 2020 values.

What are Shared Socioeconomic Pathways (SSPs)?

The global SSPs, used in Intergovernmental Panel on Climate Change (IPCC) assessments, are five different storylines of future socioeconomic circumstances, explaining how the global economy and society might evolve over the next 80 years. Crucially, the global SSPs are independent of climate change and climate change policy, i.e. they do not consider the potential impact climate change has on societal and economic choices.

Instead, they are designed to be coupled with a set of future climate scenarios, the Representative Concentration Pathways or ‘RCPs’. When combined together within climate research (in any number of ways), the SSPs and RCPs can tell us how feasible it would be to achieve different levels of climate change mitigation, and what challenges to climate change mitigation and adaptation might exist.

Until recently, UK-specific versions of the global SSPs were not available to combine with the RCP-based climate projections. The aim of the UK-SSPs project was to fill this gap by developing a set of socioeconomic scenarios for the UK that is consistent with the global SSPs used by the IPCC community, and which will provide the basis for further UK research on climate risk and resilience.

Useful links: Further information on the UK SSPs can be found on the UK SSP project site and in this storymap.Further information on RCP scenarios, SSPs and understanding climate data within the Met Office Climate Data Portal.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Britain, CT, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 9,154, while the mean income for the highest quintile (20% of households with the highest income) is 190,219. This indicates that the top earners earn 21 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 312,595, which is 164.33% higher compared to the highest quintile, and 3414.85% higher compared to the lowest quintile.

https://i.neilsberg.com/ch/new-britain-ct-mean-household-income-by-quintiles.jpeg" alt="Mean household income by quintiles in New Britain, CT (in 2022 inflation-adjusted dollars))">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Britain median household income. You can refer the same here

Dataset of long-run data on wealth inequality drawn from existing sources and compiled into a single country-year dataset.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Britain, PA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 21,362, while the mean income for the highest quintile (20% of households with the highest income) is 297,054. This indicates that the top earners earn 14 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 475,961, which is 160.23% higher compared to the highest quintile, and 2228.07% higher compared to the lowest quintile.

https://i.neilsberg.com/ch/new-britain-pa-mean-household-income-by-quintiles.jpeg" alt="Mean household income by quintiles in New Britain, PA (in 2022 inflation-adjusted dollars))">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Britain median household income. You can refer the same here

Provides early or provisional estimates of median equivalised disposable income and measures of income inequality ahead of revised estimates from the effects of taxes and benefits on household income.