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 ***.

Annual gender pay gap estimates for UK employees by age, occupation, industry, full-time and part-time, region and other geographies, and public and private sector. Compiled from the Annual Survey of Hours and Earnings.

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.

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

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.

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.

In 2024, the gender pay gap for all workers in the United Kingdom was highest in the financial and insurance sector, at **** percent, and lowest in accommodation and food services, where it was *** percent.

This GLA Intelligence Update takes a brief look at evidence around the wealth gap in London and examines how this has changed in recent years. Key Findings There is a significant gap between the rich and poor in London, both in terms of their wealth and their income. A higher proportion of the wealthiest households are in the South East of England than in London. Pension wealth accounts for more than half the wealth of the richest ten per cent of the population. In London, the tenth of the population with the highest income have weekly income after housing costs of over £1,000 while people in the lowest tenth have under £94 per week. The gap between rich and poor is growing, with the difference between the average income for the second highest tenth and second lowest tenth growing around 14 per cent more than inflation since 2003.

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.

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Context

The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are working. Women are generally considered to be paid less than men. There are two distinct numbers regarding the pay gap: non-adjusted versus adjusted pay gap. The latter typically takes into account differences in hours worked, occupations were chosen, education, and job experience. In the United States, for example, the non-adjusted average female's annual salary is 79% of the average male salary, compared to 95% for the adjusted average salary.

The reasons link to legal, social, and economic factors, and extend beyond "equal pay for equal work".

The gender pay gap can be a problem from a public policy perspective because it reduces economic output and means that women are more likely to be dependent upon welfare payments, especially in old age.

This dataset aims to replicate the data used in the famous paper "The Gender Wage Gap: Extent, Trends, and Explanations", which provides new empirical evidence on the extent of and trends in the gender wage gap, which declined considerably during the 1980–2010 period.

Citation

fedesoriano. (January 2022). Gender Pay Gap Dataset. Retrieved [Date Retrieved] from https://www.kaggle.com/fedesoriano/gender-pay-gap-dataset.

Content

There are 2 files in this dataset: a) the Panel Study of Income Dynamics (PSID) microdata over the 1980-2010 period, and b) the Current Population Survey (CPS) to provide some additional US national data on the gender pay gap.

PSID variables:

NOTES: THE VARIABLES WITH fz ADDED TO THEIR NAME REFER TO EXPERIENCE WHERE WE HAVE FILLED IN SOME ZEROS IN THE MISSING PSID YEARS WITH DATA FROM THE RESPONDENTS’ ANSWERS TO QUESTIONS ABOUT JOBS WORKED ON DURING THESE MISSING YEARS. THE fz variables WERE USED IN THE REGRESSION ANALYSES THE VARIABLES WITH A predict PREFIX REFER TO THE COMPUTATION OF ACTUAL EXPERIENCE ACCUMULATED DURING THE YEARS IN WHICH THE PSID DID NOT SURVEY THE RESPONDENTS. THERE ARE MORE PREDICTED EXPERIENCE LEVELS THAT ARE NEEDED TO IMPUTE EXPERIENCE IN THE MISSING YEARS IN SOME CASES. NOTE THAT THE VARIABLES yrsexpf, yrsexpfsz, etc., INCLUDE THESE COMPUTATIONS, SO THAT IF YOU WANT TO USE FULL TIME OR PART TIME EXPERIENCE, YOU DON’T NEED TO ADD THESE PREDICT VARIABLES IN. THEY ARE INCLUDED IN THE DATA SET TO ILLUSTRATE THE RESULTS OF THE COMPUTATION PROCESS. THE VARIABLES WITH AN orig PREFIX ARE THE ORIGINAL PSID VARIABLES. THESE HAVE BEEN PROCESSED AND IN SOME CASES RENAMED FOR CONVENIENCE. THE hd SUFFIX MEANS THAT THE VARIABLE REFERS TO THE HEAD OF THE FAMILY, AND THE wf SUFFIX MEANS THAT IT REFERS TO THE WIFE OR FEMALE COHABITOR IF THERE IS ONE. AS SHOWN IN THE ACCOMPANYING REGRESSION PROGRAM, THESE orig VARIABLES AREN’T USED DIRECTLY IN THE REGRESSIONS. THERE ARE MORE OF THE ORIGINAL PSID VARIABLES, WHICH WERE USED TO CONSTRUCT THE VARIABLES USED IN THE REGRESSIONS. HD MEANS HEAD AND WF MEANS WIFE OR FEMALE COHABITOR.

1. intnum68: 1968 INTERVIEW NUMBER
2. pernum68: PERSON NUMBER 68
3. wave: Current Wave of the PSID
4. sex: gender SEX OF INDIVIDUAL (1=male, 2=female)
5. intnum: Wave-specific Interview Number
6. farminc: Farm Income
7. region: regLab Region of Current Interview
8. famwgt: this is the PSID’s family weight, which is used in all analyses
9. relhead: ER34103L this is the relation to the head of household (10=head; 20=legally married wife; 22=cohabiting partner)
10. age: Age
11. employed: ER34116L Whether or not employed or on temp leave (everyone gets a 1 for this variable, since our wage analyses use only the currently employed)
12. sch: schLbl Highest Year of Schooling
13. annhrs: Annual Hours Worked
14. annlabinc: Annual Labor Income
15. occ: 3 Digit Occupation 2000 codes
16. ind: 3 Digit Industry 2000 codes
17. white: White, nonhispanic dummy variable
18. black: Black, nonhispanic dummy variable
19. hisp: Hispanic dummy variable
20. othrace: Other Race dummy variable
21. degree: degreeLbl Agent's Degree Status (0=no college degree; 1=bachelor’s without advanced degree; 2=advanced degree)
22. degupd: degreeLbl Agent's Degree Status (Updated with 2009 values)
23. schupd: schLbl Schooling (updated years of schooling)
24. annwks: Annual Weeks Worked
25. unjob: unJobLbl Union Coverage dummy variable
26. usualhrwk: Usual Hrs Worked Per Week
27. labincbus: Labor Income from...

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

In 2025, the difference between average hourly earnings for men and women in the United Kingdom for all workers was 12.8 percent, compared with 6.9 percent for full-time workers, and -2.9 percent for part-time workers. During the provided time period, the gender pay gap was at its highest in 1997, when it was 27.5 percent for all workers. Compared with 1997, the gender pay gap has fallen by 13.2 percent for all workers, and 9.7 percent for full-time workers. Gender pay gap higher in older age groups Although the gender pay gap among younger age groups was relatively small in 2024, the double-digit pay gap evident in older age groups served to keep the overall gap high. The gender pay gap for workers aged between 18 and 21 for example was -0.5 percent, compared with 12.1percent for people in their 50s. Additionally, the gender pay gap for people aged over 60 has changed little since 1997, falling by just 1.2 percent between 1997 and 2023, compared with a 14.9 percent reduction among workers in their 40s. Positions of power As of 2024, women are unfortunately still relatively underrepresented in leadership positions at Britain’s top businesses. Among FTSE 100 companies, for example, just 9.4 percent of CEOs were female, falling to just 6.1 percent for FTSE 250 companies. Representation was better when it came to FTSE 100 boardrooms, with 44.7 percent of positions at this level being filled by women, compared with 42.6 percent at FTSE 250 companies. In the corridors of political power, the proportion of female MPs was estimated to have reached its highest ever level after the 2024 election at 41 percent, compared with just three percent in 1979.

This article provides an initial insight into key measures of household income and inequality, along with analysis of how these measures have changed over time. Source agency: Office for National Statistics Designation: National Statistics Language: English

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.

Median pay and raw disability pay gap estimates across different characteristic breakdowns, using Annual Population Survey (APS) data.