Income share held by second 20% in Luxembourg
Luxembourg: Income share held by second 20% was 12.0% in 2023. ▼ Falling
Income share held by second 20% 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
The most recent figure for income share held by second 20% in Luxembourg is 12.0%, measured in 2023.
The figure is up 1.7% on the previous year and down 4.0% over ten years.
Over the whole period, income share held by second 20% in Luxembourg peaked at 14.1% in 1985 and was at its lowest, 11.8%, in 2012.
Luxembourg ranks 62nd of 121 countries on this measure, 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 | 13.4% | 13.0% | 14.1% | 5 |
| 1990s | 13.5% | 12.9% | 13.8% | 10 |
| 2000s | 12.9% | 12.6% | 13.2% | 10 |
| 2010s | 12.3% | 11.8% | 12.9% | 10 |
| 2020s | 12.1% | 11.8% | 12.3% | 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 third 20% 17.0% (2023)
Frequently asked questions
- What is income share held by second 20% in Luxembourg?
- Income share held by second 20% in Luxembourg was 12.0% 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 second 20% recorded in Luxembourg?
- The highest recorded value was 14.1% in 1985.
- What is the lowest income share held by second 20% recorded in Luxembourg?
- The lowest recorded value was 11.8% in 2012.
- How does Luxembourg rank for income share held by second 20%?
- Luxembourg ranks 62nd out of 121 countries with data for 2023.
- Is income share held by second 20% rising or falling in Luxembourg?
- Over the last ten years it is down 4.0%. 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 second 20%. 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. Percentage shares by quintile may not sum to 100 because of rounding.