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Paying one's debts United States, liabilities as % of assets

Paying one's debts United States, liabilities as % of assets 7KoBn
The provided graph details the percentage of debts American income groups had to pay in the third quarter of 2019 and 2021. Overall, those in the average ranges had the highest debt rate, as opposed to the well-off. Fortunately, there has been a slight decrease in the statistics. According to the graph, the affluent (top 20%) owed the least when they contributed almost 10% of the asset in 2019, which then reduced to roughly 8% two years later. The figure became noticeably significant as the 60-80% bracket accounted for around 18% and slightly over 15% in 2019 and 2021 respectively. Increasingly, the middle category (20-40%) counted toward well above 20%, though this percentage dropped to beneath 20% in 2021. Overtaking the previous group, the 20-40% suffered the most with the rate of merely 22. 5% in 2019, and exactly 20% in 2021. Finally, despite receiving the lowest income, individuals in the bottom 20% range registered the second lowest figure. In particular, for two years, the average data of this bracket was approximately 15%.
The provided graph
details
the percentage of debts American income groups had to pay in the third quarter of 2019 and 2021.
Overall
, those in the average ranges had the highest debt rate, as opposed to the well-off.
Fortunately
, there has been a slight decrease in the statistics. According to the graph, the affluent (top 20%) owed the least when they contributed almost 10% of the asset in 2019, which then
reduced
to roughly 8% two years later. The figure became
noticeably
significant as the 60-80% bracket accounted for around 18% and
slightly
over 15% in 2019 and 2021
respectively
.
Increasingly
, the middle category (20-40%) counted toward well above 20%, though this percentage dropped to beneath 20% in 2021. Overtaking the previous group, the 20-40% suffered the most with the rate of
merely
22. 5% in 2019, and exactly 20% in 2021.
Finally
, despite receiving the lowest income, individuals in the bottom 20% range registered the second lowest figure.
In particular
, for two years, the average data of this bracket was approximately 15%.
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