Official Statistics

Personal Wealth Statistics and the Wealth and Assets Survey

A comparison of the two main sources of statistics that estimate wealth.

From:
HM Revenue & Customs
Published
30 September 2016

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Details

There are 2 sources of National Statistics that produce estimates of wealth. The first is the HMRC Personal Wealth Statistics, a long standing series first published in 1976, based on administrative data submitted for inheritance tax purposes. The second source is the Wealth and Assets Survey, a longitudinal sample survey of private households produced by the Office for National Statistics (ONS), which started in 2006.

Both sets of data use the term 鈥榳ealth鈥�, but differ in the methodologies and definitions used in the compilation of their estimates.

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Published 30 September 2016

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