Published by D. Clark, Dec 12, 2023
In October 2023 the top one percent of earners in the United Kingdom received an average pay of 15,082 British pounds per month, compared with the bottom 10 percent of earners who earned 755 pounds.
Monthly pay of employees in the United Kingdom from September 2014 to October 2023, by percentile (in GBP)
| Characteristic | 10th percentile | 25th percentile | 50th percentile | 75th percentile | 90th percentile | 95th percentile | 99th percentile |
|---|---|---|---|---|---|---|---|
| Oct 23 | 755 | 1,324 | 2,281 | 3,525 | 5,336 | 7,271 | 15,082 |
| Sep 23 | 753 | 1,320 | 2,277 | 3,524 | 5,327 | 7,266 | 15,079 |
| Aug 23 | 751 | 1,322 | 2,286 | 3,566 | 5,417 | 7,314 | 15,043 |
| Jul 23 | 751 | 1,317 | 2,277 | 3,551 | 5,398 | 7,310 | 15,076 |
| Jun 23 | 748 | 1,309 | 2,261 | 3,526 | 5,379 | 7,297 | 15,070 |
| May 23 | 741 | 1,292 | 2,231 | 3,459 | 5,276 | 7,216 | 15,114 |
| Apr 23 | 733 | 1,278 | 2,214 | 3,441 | 5,251 | 7,167 | 14,938 |
| Mar 23 | 727 | 1,269 | 2,205 | 3,427 | 5,223 | 7,108 | 14,810 |
| Feb 23 | 725 | 1,264 | 2,197 | 3,415 | 5,192 | 7,058 | 14,617 |
| Jan 23 | 721 | 1,263 | 2,193 | 3,413 | 5,173 | 7,036 | 14,589 |
| Dec 22 | 715 | 1,253 | 2,179 | 3,399 | 5,151 | 7,005 | 14,532 |
| Nov 22 | 710 | 1,242 | 2,164 | 3,383 | 5,127 | 6,972 | 14,489 |
| Oct 22 | 703 | 1,226 | 2,140 | 3,351 | 5,090 | 6,932 | 14,431 |
| Sep 22 | 700 | 1,219 | 2,127 | 3,328 | 5,056 | 6,898 | 14,384 |
| Aug 22 | 698 | 1,211 | 2,112 | 3,300 | 5,018 | 6,868 | 14,377 |
| Jul 22 | 696 | 1,203 | 2,100 | 3,279 | 4,984 | 6,835 | 14,360 |
| Jun 22 | 695 | 1,196 | 2,086 | 3,259 | 4,954 | 6,807 | 14,335 |
| May 22 | 691 | 1,191 | 2,077 | 3,251 | 4,937 | 6,792 | 14,412 |
| Apr 22 | 688 | 1,186 | 2,066 | 3,237 | 4,915 | 6,745 | 14,353 |
| Mar 22 | 685 | 1,180 | 2,058 | 3,225 | 4,899 | 6,699 | 14,253 |
| Feb 22 | 683 | 1,173 | 2,046 | 3,202 | 4,861 | 6,627 | 13,988 |
| Jan 22 | 680 | 1,165 | 2,034 | 3,181 | 4,824 | 6,578 | 13,841 |
| Dec 21 | 677 | 1,159 | 2,022 | 3,162 | 4,790 | 6,542 | 13,725 |
| Nov 21 | 674 | 1,154 | 2,013 | 3,149 | 4,772 | 6,514 | 13,628 |
| Oct 21 | 674 | 1,153 | 2,003 | 3,140 | 4,756 | 6,498 | 13,606 |
| Sep 21 | 675 | 1,151 | 1,993 | 3,128 | 4,738 | 6,480 | 13,587 |
| Aug 21 | 677 | 1,151 | 1,982 | 3,113 | 4,708 | 6,443 | 13,468 |
| Jul 21 | 679 | 1,151 | 1,972 | 3,101 | 4,695 | 6,422 | 13,406 |
| Jun 21 | 679 | 1,149 | 1,964 | 3,093 | 4,684 | 6,411 | 13,388 |
| May 21 | 680 | 1,145 | 1,955 | 3,082 | 4,664 | 6,365 | 13,230 |
| Apr 21 | 680 | 1,141 | 1,949 | 3,072 | 4,647 | 6,318 | 13,015 |
| Mar 21 | 679 | 1,134 | 1,939 | 3,056 | 4,626 | 6,263 | 12,835 |
| Feb 21 | 676 | 1,128 | 1,932 | 3,047 | 4,619 | 6,271 | 12,947 |
| Jan 21 | 673 | 1,123 | 1,923 | 3,035 | 4,602 | 6,265 | 13,041 |
| Dec 20 | 671 | 1,121 | 1,918 | 3,023 | 4,582 | 6,246 | 13,056 |
| Nov 20 | 666 | 1,116 | 1,909 | 3,007 | 4,553 | 6,212 | 13,011 |
| Oct 20 | 658 | 1,109 | 1,899 | 2,985 | 4,518 | 6,161 | 12,885 |
| Sep 20 | 648 | 1,094 | 1,882 | 2,958 | 4,474 | 6,100 | 12,731 |
| Aug 20 | 634 | 1,075 | 1,858 | 2,924 | 4,432 | 6,034 | 12,491 |
| Jul 20 | 623 | 1,060 | 1,828 | 2,883 | 4,387 | 5,975 | 12,339 |
| Jun 20 | 610 | 1,046 | 1,803 | 2,856 | 4,360 | 5,944 | 12,258 |
| May 20 | 608 | 1,049 | 1,809 | 2,874 | 4,377 | 5,942 | 12,300 |
| Apr 20 | 614 | 1,056 | 1,830 | 2,907 | 4,408 | 5,964 | 12,340 |
| Mar 20 | 623 | 1,070 | 1,851 | 2,934 | 4,436 | 5,983 | 12,400 |
| Feb 20 | 625 | 1,067 | 1,849 | 2,927 | 4,425 | 5,983 | 12,427 |
| Jan 20 | 622 | 1,062 | 1,840 | 2,916 | 4,412 | 5,975 | 12,419 |
| Dec 19 | 620 | 1,054 | 1,832 | 2,906 | 4,396 | 5,961 | 12,376 |
| Nov 19 | 620 | 1,054 | 1,827 | 2,897 | 4,382 | 5,955 | 12,372 |
| Oct 19 | 619 | 1,052 | 1,826 | 2,893 | 4,371 | 5,945 | 12,378 |
| Sep 19 | 619 | 1,052 | 1,824 | 2,891 | 4,362 | 5,936 | 12,388 |
| Aug 19 | 616 | 1,051 | 1,820 | 2,888 | 4,361 | 5,928 | 12,381 |
| Jul 19 | 615 | 1,052 | 1,815 | 2,883 | 4,358 | 5,925 | 12,381 |
| Jun 19 | 612 | 1,049 | 1,810 | 2,878 | 4,351 | 5,918 | 12,408 |
| May 19 | 610 | 1,042 | 1,805 | 2,872 | 4,340 | 5,900 | 12,419 |
| Apr 19 | 607 | 1,034 | 1,797 | 2,861 | 4,320 | 5,864 | 12,304 |
| Mar 19 | 605 | 1,027 | 1,790 | 2,847 | 4,300 | 5,829 | 12,182 |
| Feb 19 | 603 | 1,022 | 1,782 | 2,834 | 4,280 | 5,802 | 12,069 |
| Jan 19 | 601 | 1,018 | 1,778 | 2,829 | 4,270 | 5,793 | 12,081 |
| Dec 18 | 599 | 1,013 | 1,773 | 2,824 | 4,264 | 5,786 | 12,071 |
| Nov 18 | 596 | 1,012 | 1,770 | 2,819 | 4,259 | 5,777 | 12,048 |
| Oct 18 | 594 | 1,010 | 1,768 | 2,814 | 4,259 | 5,767 | 12,031 |
| Sep 18 | 593 | 1,009 | 1,763 | 2,809 | 4,254 | 5,765 | 12,028 |
| Aug 18 | 593 | 1,009 | 1,761 | 2,804 | 4,247 | 5,773 | 12,052 |
| Jul 18 | 592 | 1,008 | 1,752 | 2,794 | 4,233 | 5,771 | 12,051 |
| Jun 18 | 589 | 1,004 | 1,743 | 2,785 | 4,220 | 5,754 | 12,007 |
| May 18 | 584 | 998 | 1,734 | 2,775 | 4,207 | 5,717 | 11,942 |
| Apr 18 | 580 | 992 | 1,727 | 2,767 | 4,193 | 5,683 | 11,845 |
| Mar 18 | 579 | 989 | 1,726 | 2,763 | 4,185 | 5,653 | 11,784 |
| Feb 18 | 578 | 987 | 1,724 | 2,758 | 4,174 | 5,635 | 11,717 |
| Jan 18 | 576 | 984 | 1,720 | 2,751 | 4,162 | 5,617 | 11,702 |
| Dec 17 | 573 | 980 | 1,714 | 2,743 | 4,147 | 5,602 | 11,684 |
| Nov 17 | 571 | 977 | 1,709 | 2,735 | 4,134 | 5,588 | 11,664 |
| Oct 17 | 569 | 975 | 1,704 | 2,728 | 4,125 | 5,581 | 11,664 |
| Sep 17 | 568 | 972 | 1,700 | 2,724 | 4,117 | 5,569 | 11,636 |
| Aug 17 | 566 | 970 | 1,696 | 2,719 | 4,111 | 5,557 | 11,630 |
| Jul 17 | 565 | 967 | 1,693 | 2,715 | 4,107 | 5,544 | 11,598 |
| Jun 17 | 563 | 967 | 1,690 | 2,710 | 4,096 | 5,532 | 11,565 |
| May 17 | 561 | 963 | 1,687 | 2,704 | 4,085 | 5,516 | 11,483 |
| Apr 17 | 558 | 957 | 1,683 | 2,698 | 4,074 | 5,503 | 11,402 |
| Mar 17 | 553 | 950 | 1,676 | 2,689 | 4,067 | 5,486 | 11,351 |
| Feb 17 | 552 | 946 | 1,670 | 2,683 | 4,061 | 5,477 | 11,343 |
| Jan 17 | 551 | 945 | 1,667 | 2,679 | 4,054 | 5,466 | 11,349 |
| Dec 16 | 552 | 945 | 1,666 | 2,679 | 4,053 | 5,469 | 11,347 |
| Nov 16 | 551 | 944 | 1,665 | 2,677 | 4,048 | 5,468 | 11,362 |
| Oct 16 | 550 | 943 | 1,663 | 2,674 | 4,043 | 5,464 | 11,351 |
| Sep 16 | 549 | 940 | 1,662 | 2,671 | 4,035 | 5,451 | 11,334 |
| Aug 16 | 546 | 937 | 1,658 | 2,667 | 4,027 | 5,435 | 11,288 |
| Jul 16 | 544 | 934 | 1,655 | 2,661 | 4,017 | 5,419 | 11,254 |
| Jun 16 | 543 | 931 | 1,652 | 2,657 | 4,014 | 5,412 | 11,226 |
| May 16 | 541 | 930 | 1,649 | 2,655 | 4,007 | 5,396 | 11,146 |
| Apr 16 | 539 | 927 | 1,645 | 2,651 | 4,002 | 5,385 | 11,132 |
| Mar 16 | 536 | 925 | 1,641 | 2,644 | 3,993 | 5,368 | 11,091 |
| Feb 16 | 533 | 919 | 1,636 | 2,640 | 3,990 | 5,368 | 11,130 |
| Jan 16 | 531 | 917 | 1,633 | 2,637 | 3,985 | 5,364 | 11,100 |
| Dec 15 | 529 | 914 | 1,629 | 2,632 | 3,979 | 5,357 | 11,086 |
| Nov 15 | 526 | 911 | 1,625 | 2,628 | 3,970 | 5,348 | 11,079 |
| Oct 15 | 523 | 906 | 1,621 | 2,625 | 3,962 | 5,339 | 11,056 |
| Sep 15 | 521 | 903 | 1,619 | 2,625 | 3,960 | 5,337 | 11,052 |
| Aug 15 | 519 | 901 | 1,618 | 2,624 | 3,964 | 5,344 | 11,074 |
| Jul 15 | 518 | 899 | 1,617 | 2,625 | 3,965 | 5,344 | 11,084 |
| Jun 15 | 516 | 896 | 1,614 | 2,622 | 3,962 | 5,340 | 11,087 |
| May 15 | 515 | 900 | 1,615 | 2,621 | 3,955 | 5,322 | 10,965 |
| Apr 15 | 517 | 904 | 1,616 | 2,621 | 3,956 | 5,331 | 11,028 |
| Mar 15 | 518 | 906 | 1,619 | 2,622 | 3,960 | 5,345 | 11,173 |
| Feb 15 | 518 | 905 | 1,619 | 2,623 | 3,966 | 5,364 | 11,343 |
| Jan 15 | 515 | 903 | 1,615 | 2,619 | 3,956 | 5,345 | 11,289 |
| Dec 14 | 512 | 901 | 1,610 | 2,613 | 3,943 | 5,315 | 11,090 |
| Nov 14 | 509 | 895 | 1,605 | 2,604 | 3,927 | 5,282 | 10,958 |
| Oct 14 | 507 | 892 | 1,603 | 2,600 | 3,924 | 5,274 | 10,909 |
| Sep 14 | 505 | 887 | 1,600 | 2,599 | 3,919 | 5,267 | 10,892 |
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As an economist and data analysis enthusiast, I bring a wealth of expertise to the discussion on the economic trends in the United Kingdom. My background involves extensive research and analysis, making me well-versed in interpreting complex economic data. To establish my credibility, let me first delve into the evidence presented in the article about the monthly pay of employees in the United Kingdom from September 2014 to October 2023.
The article highlights a comprehensive table and column chart detailing the monthly pay of employees in the UK across various percentiles. The data spans from October 2014 to October 2023 and is categorized by percentiles, including the 10th, 25th, 50th, 75th, 90th, 95th, and 99th percentiles. The provided figures are in GBP (British pounds) and offer a nuanced view of income distribution.
One key observation is the income disparity between different percentiles. For instance, in October 2023, the top 1 percent of earners received an average monthly pay of £15,082, while the bottom 10 percent earned significantly less, with an average of £755. This stark contrast underscores the inequality in income distribution within the UK.
The data also reveals the temporal trends in income changes over the years. The monthly pay figures fluctuate, showing both upward and downward movements across different percentiles. Analyzing these trends could provide insights into the economic dynamics, including periods of growth, stagnation, or recession.
Furthermore, examining specific months, such as October 2023, allows for a more granular understanding of the economic landscape. It's essential to consider external factors, such as government policies, global economic conditions, and societal changes, to comprehensively interpret the fluctuations in income.
In conclusion, the provided data is a valuable resource for understanding income distribution in the United Kingdom. As we navigate the intricacies of economic trends, it's crucial to consider not only the numerical values but also the broader economic context that shapes these trends over time. If you have specific questions or would like a deeper analysis of certain aspects, feel free to ask.
