The value of you increased by £18,000 last year

Emma Haslett
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Olympics Day 9 - Around the Games
No - it doesn't mean you're rich. (Source: Getty)

Ever wondered how much you're worth to the economy? Well, now you know: the Office for National Statistics (ONS) has released analysis showing the value of the UK's human capital increased by £890bn to £19.2 trillion last year.

The figures, published this morning, showed the average employed person is now worth £471,000, up £18,000 from 2014.

If you have a degree, that figure was even higher, at £628,000, while those with no qualifications were worth £274,000.

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Meanwhile, in separate but equally mad figures, the ONS suggested the UK - all its streets, homes, land and things - was worth £8.8 trillion at the end of 2015. That's up six per cent from 2014.

The analysis painted a rather quaint picture: the biggest sector was households and non-profit institutions "such as charities, social clubs, churches and trade unions". Who said the spirit of the 1970s was dead?

According to the figures, that sector was worth £10.2 trillion at the end of 2015, up from £9.8 trillion the previous year.

Not surprisingly, the most valuable assets in the sector were dwellings, which were valued at £5.2 trillion, followed by insurance and pension schemes, worth £3.7 trillion.

Less encouragingly, the financial corporations sector had an estimated net worth of minus £47bn - a decrease of £102bn, which the ONS said was down to falls in net value of financial assets and liabilities, including a £142bn fall in the value of equity and investment fund shares and units, and a £121bn drop in the net value of insurance, pension and standardised guarantee schemes.

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