Today, human capital has become the main criterion that determines the fate of humanity and every state. Human capital is a set of knowledge, skills, and abilities used to meet the diverse needs of man and society as a whole. Until now, the concept of human capital in the literature has been understood mainly as one-sided, that is, human capital as a direct benefit to man or an opportunity for social protection of the individual. This article analyzes the factors influencing the development of human capital in New Uzbekistan.