Measures of income inequality in the UK 1977-2023

Published by D. Clark, Dec 2, 2024

In the 2022/23 financial year, various measures of inequality in the United Kingdom decreased when compared with 2021/22. The S80/20 ratio fell from 6.3 to 5.5, the P90/10 ratio from 4.5 to 4.2, and the Palma ratio between 1.5 and 1.3.

Measures of income inequality in the United Kingdom from 1977 to 2022/23

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Release date

September 2024

Region

United Kingdom

Survey time period

1977 to 2023

Supplementary notes

The source adds the following information regarding the different inequality measures:

S80/S20 ratio: Ratio of the total income received by the richest 20% of people to that received by the poorest 20%.
P90/P10 ratio: Ratio of the income of the person at the bottom of the top 10% with that of the person at the top of the bottom 10%
Palma ratio Ratio of the income share of the richest 10% of people with that of the poorest 40% of people.

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