United Kingdom | Income share held by highest 10%

Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Development relevance: The World Bank Group's goal of promoting shared prosperity has been defined as fostering income growth of the bottom 40 per cent of the welfare distribution in every country. Income distribution measures are important background indicators for shared prosperity. Limitations and exceptions: Despite progress in the last decade, the challenges of measuring poverty remain. The timeliness, frequency, quality, and comparability of household surveys need to increase substantially, particularly in the poorest countries. The availability and quality of poverty monitoring data remains low in small states, countries with fragile situations, and low-income countries and even some middle-income countries. The low frequency and lack of comparability of the data available in some countries create uncertainty over the magnitude of poverty reduction. Besides the frequency and timeliness of survey data, other data quality issues arise in measuring household living standards. The surveys ask detailed questions on sources of income and how it was spent, which must be carefully recorded by trained personnel. Income is generally more difficult to measure accurately, and consumption comes closer to the notion of living standards. And income can vary over time even if living standards do not. But consumption data are not always available: the latest estimates reported here use consumption data for about two-thirds of countries. However, even similar surveys may not be strictly comparable because of differences in timing or in the quality and training of enumerators. Comparisons of countries at different levels of development also pose a potential problem because of differences in the relative importance of the consumption of nonmarket goods. The local market value of all consumption in kind (including own production, particularly important in underdeveloped rural economies) should be included in total consumption expenditure but may not be. Most survey data now include valuations for consumption or income from own production, but valuation methods vary. Statistical concept and methodology: Inequality in the distribution of income is reflected in the share of income or consumption accruing to a portion of the population ranked by income or consumption levels. The portions ranked lowest by personal income receive the smallest shares of total income. Data on the distribution of income or consumption come from nationally representative household surveys. Where the original data from the household survey were available, they have been used to directly calculate the income or consumption shares by quintile. Otherwise, shares have been estimated from the best available grouped data. The distribution data have been adjusted for household size, providing a more consistent measure of per capita income or consumption. The year reflects the year in which the underlying household survey data were collected or, when the data collection period bridged two calendar years, the year data collection started.
Publisher
The World Bank
Origin
United Kingdom of Great Britain and Northern Ireland
Records
63
Source
United Kingdom | Income share held by highest 10%
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968 22.3
1969 23
1970 23
1971 23.8
1972 22.9
1973 23.3
1974 23.5
1975 22.6
1976 22.2
1977 22
1978 21.9
1979 22
1980 22.9
1981 23.6
1982 23.7
1983 23.6
1984 23.2
1985 23.8
1986 25.3
1987 26.7
1988 26.9
1989 25.7
1990 27.5
1991 26.7
1992 26.6
1993 26.8
1994 27.8
1995 27.3
1996 27.2
1997 27.6
1998 28.5
1999 28.7
2000 31.1
2001 29.3
2002 27.7
2003 27.3
2004 27.3
2005 27.8
2006 28.3
2007 26.5
2008 27.6
2009 27.4
2010 26.4
2011 25.9
2012 25.6
2013 25.3
2014 25.6
2015 25.7
2016 25.5
2017 24.9
2018 25.8
2019 25.1
2020 25
2021
2022

United Kingdom | Income share held by highest 10%

Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Development relevance: The World Bank Group's goal of promoting shared prosperity has been defined as fostering income growth of the bottom 40 per cent of the welfare distribution in every country. Income distribution measures are important background indicators for shared prosperity. Limitations and exceptions: Despite progress in the last decade, the challenges of measuring poverty remain. The timeliness, frequency, quality, and comparability of household surveys need to increase substantially, particularly in the poorest countries. The availability and quality of poverty monitoring data remains low in small states, countries with fragile situations, and low-income countries and even some middle-income countries. The low frequency and lack of comparability of the data available in some countries create uncertainty over the magnitude of poverty reduction. Besides the frequency and timeliness of survey data, other data quality issues arise in measuring household living standards. The surveys ask detailed questions on sources of income and how it was spent, which must be carefully recorded by trained personnel. Income is generally more difficult to measure accurately, and consumption comes closer to the notion of living standards. And income can vary over time even if living standards do not. But consumption data are not always available: the latest estimates reported here use consumption data for about two-thirds of countries. However, even similar surveys may not be strictly comparable because of differences in timing or in the quality and training of enumerators. Comparisons of countries at different levels of development also pose a potential problem because of differences in the relative importance of the consumption of nonmarket goods. The local market value of all consumption in kind (including own production, particularly important in underdeveloped rural economies) should be included in total consumption expenditure but may not be. Most survey data now include valuations for consumption or income from own production, but valuation methods vary. Statistical concept and methodology: Inequality in the distribution of income is reflected in the share of income or consumption accruing to a portion of the population ranked by income or consumption levels. The portions ranked lowest by personal income receive the smallest shares of total income. Data on the distribution of income or consumption come from nationally representative household surveys. Where the original data from the household survey were available, they have been used to directly calculate the income or consumption shares by quintile. Otherwise, shares have been estimated from the best available grouped data. The distribution data have been adjusted for household size, providing a more consistent measure of per capita income or consumption. The year reflects the year in which the underlying household survey data were collected or, when the data collection period bridged two calendar years, the year data collection started.
Publisher
The World Bank
Origin
United Kingdom of Great Britain and Northern Ireland
Records
63
Source