"Figure 1: Human capital continued to rise in 2018 but at a slower pace since 2016","" "Human capital stock in the UK, full, in nominal and real terms, 2004 to 2018","" "","" "Notes","1. Real figures with 2018 as the base year, derived using new methodology outlined in the [Methodology developments section](https://www.ons.gov.uk/peoplepopulationandcommunity/wellbeing/articles/humancapitalestimates/2004to2018#methodology-developments). This is based on the Törnqvist index, which is the internationally recommended approach of measuring Human Capital over time. 2. Full human capital captures the human capital of the employed and the unemployed." "Unit","£ trillions" "","" "Year","Real (full)","Nominal (full)","Real (full, deflated by CPI)" "2004","18.75","14.09","19.50" "2005","19.07","14.77","20.03" "2006","19.28","15.45","20.48" "2007","19.55","16.31","21.11" "2008","19.75","16.92","21.16" "2009","19.97","17.24","21.09" "2010","20.25","17.54","20.78" "2011","20.58","17.86","20.25" "2012","20.73","18.26","20.12" "2013","20.84","18.67","20.07" "2014","20.98","19.26","20.39" "2015","21.15","20.03","21.21" "2016","21.35","20.61","21.68" "2017","21.37","20.87","21.37" "2018","21.41","21.41","21.41"