Those percentiles don't mean the same thing. The top 0.1% was made up of 22 players four years ago while it's 62 players now.
Taken at face value, this would suggest that the 60th best player in the world now is as equally skilled as the 20th best player in the world four years ago. Unlikely. These are largely the same folks who are playing largely at the same level.
It's true that the ratings are only important in a relative sense. However, we have gotten used to the 600, 700, 800 levels "meaning something" and that meaning seems to be drifting slowly over time. I wonder when we'll see Fargo ratings 2.0 with the great recentering