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TwitterIn 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 ***.
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TwitterAt 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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TwitterPercentage of total wealth owned by households in each decile for London and Great Britain. Data extracted from the ONS Wealth and Assets Survey (WAS) microdata. This dataset is one of the Greater London Authority's measures of Economic Fairness. Click here to find out more.
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TwitterThe 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.
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TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Dataset of long-run data on wealth inequality drawn from existing sources and compiled into a single country-year dataset.
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TwitterOfficial statistics are produced impartially and free from political influence.
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TwitterOpen Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Average UK household incomes taxes and benefits by household type, tenure status, household characteristics and long-term trends in income inequality.
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TwitterRatio 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.
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TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Historical dataset showing U.K. income inequality - gini coefficient by year from N/A to N/A.
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TwitterIn 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.
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TwitterThese tables only cover individuals with some liability to tax.
These statistics are classified as accredited official statistics.
You can find more information about these statistics and collated tables for the latest and previous tax years on the Statistics about personal incomes page.
Supporting documentation on the methodology used to produce these statistics is available in the release for each tax year.
Note: comparisons over time may be affected by changes in methodology. Notably, there was a revision to the grossing factors in the 2018 to 2019 publication, which is discussed in the commentary and supporting documentation for that tax year. Further details, including a summary of significant methodological changes over time, data suitability and coverage, are included in the Background Quality Report.
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TwitterThis 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.
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TwitterCC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
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The attached file includes data and code used to analyse population scaling and house size in the ancient Near East.
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TwitterOfficial statistics are produced impartially and free from political influence.
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TwitterAnnual estimates of the number and proportion of children, working age adults and pensioners living in low income households and the distribution of household income across Scotland.
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TwitterOpen Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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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
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TwitterOpen Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Total wealth is the sum of the four components of wealth and is therefore net of all liabilities.
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TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Historical dataset showing British Virgin Islands income inequality - gini coefficient by year from N/A to N/A.
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TwitterAttribution-NonCommercial 4.0 (CC BY-NC 4.0)https://creativecommons.org/licenses/by-nc/4.0/
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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.
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TwitterOpen Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Between 2019 and 2023, people living in households in the Asian and ‘Other’ ethnic groups were most likely to be in persistent low income before and after housing costs
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TwitterIn 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 ***.