Income share held by lowest 10% in Luxembourg
Luxembourg: Income share held by lowest 10% was 2.8% in 2023. ▼ Falling
Income share held by lowest 10% in Luxembourg, 1985–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2023, income share held by lowest 10% in Luxembourg stood at 2.8%.
The figure is down 3.4% on the previous year and down 9.7% over ten years.
Over the whole period, income share held by lowest 10% in Luxembourg peaked at 4.1% in 1993 and was at its lowest, 2.5%, in 2017.
That places Luxembourg 66th out of 121 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 39 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.9% | 3.8% | 4.0% | 5 |
| 1990s | 3.7% | 3.4% | 4.1% | 10 |
| 2000s | 3.4% | 3.2% | 3.5% | 10 |
| 2010s | 3.0% | 2.5% | 3.3% | 10 |
| 2020s | 2.8% | 2.8% | 2.9% | 4 |
Countries ranked near Luxembourg
More poverty & inequality data for Luxembourg
- Poverty headcount ratio at $8.30 a day (2021 PPP) 0.2% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.1% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.1% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.0% (2023)
- Prosperity gap 0.4 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 0.1% (2023)
- Poverty headcount ratio at societal poverty line 15.0% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.0% (2023)
- Population living in slums 0.0% (2022)
- Income share held by second 20% 12.0% (2023)
Frequently asked questions
- What is income share held by lowest 10% in Luxembourg?
- Income share held by lowest 10% in Luxembourg was 2.8% in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by lowest 10% recorded in Luxembourg?
- The highest recorded value was 4.1% in 1993.
- What is the lowest income share held by lowest 10% recorded in Luxembourg?
- The lowest recorded value was 2.5% in 2017.
- How does Luxembourg rank for income share held by lowest 10%?
- Luxembourg ranks 66th out of 121 countries with data for 2023.
- Is income share held by lowest 10% rising or falling in Luxembourg?
- Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
- Where does this Luxembourg data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by lowest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.