Table 4.

Economic valuation of informal care in 2015/2016

	Receives informal care (%)	Provides volume information (%)	Mean number of care hoursa	Weighted population (in thousands)	Total hours (in M.hours /month)b	Monetary value (yearly, M$€$)c
	(1)	(2)	(3)	(4)	(5)=	(6)
					$(2)\times (3)\times (4)$
At home	55.4	48.6	78.9	4600	176.4	22,945
In nursing homes	76.5	69.2	23.8	570	9.4	1221
Total	57.7		70.6	5170	185.8	24,166

^aMean number of hours of informal care conditional on receiving any. ^bTotal hours expressed in million hours per month. ^cMonetary value expressed in million euros

Statistics in Columns (1) to (3) are weighted using the CARE survey weights. Weighted population in Column (4) is obtained using survey weights. Each hour is valuated using the hourly labor cost corresponding to the minimum wage in France in January 2016 ($€$10.84)