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Release: Human Capital Estimates, 2013

Released: 20 August 2014
  • Human capital is a measure of individuals’ skills, knowledge, abilities, social attributes, personality and health attributes. These factors enable individuals to work, and therefore produce something of economic value.

  • Human capital is measured as the sum of the total potential future earnings of everyone in the labour market.

  • The value of employed human capital remained broadly flat between 2011 and 2013 and was £17.61 trillion in 2013.

  • In 2013, the average employed human capital stock per head of working age population was £437,479; a slight decrease of £2,961 on the 2012 estimate.

  • Those with GCSE grades A*-C or equivalent or higher as their highest qualification hold 86% of employed human capital.

Looks at the changes in human capital values to 2013, including during the economic downturn.  Including breakdowns by age, gender and education level. Human capital is the value of individuals’ skills, knowledge, abilities, social attributes, personality and health attributes. These factors enable individuals to work, and therefore produce something of economic value.
Content from the Office for National Statistics.
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