Office of National Statistics: Measuring Social Capital

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Measuring Social Capital

from Office of National Statistics (ONS)   18th July 2014

Further Reading:

http://www.mothersathomematter.co.uk/resources/research/580-value-of-informal-care-ons-2010-released-feb-2013 

  • This article reports on the measurement of informal childcare by households which is outside the scope of National Accounts and therefore Gross Domestic Product (GDP).
  • Formal childcare per child for children under 5 years old increased by 36.4% between 1995 and 2010.
  • Between 1995 and 2010 there was a movement away from informal childcare in the household towards formal childcare for children aged under 5 years old.
  • The value of informal childcare in 2010 was £343 billion (valued using gross wages), this is equivalent to 23% of GDP.
  • Also:

file:///C:/Users/Owner/Downloads/wellbeingwheelofmeasures_tcm77-356231.pdf 

 

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