The economic impact of universities in 2014–15

Report
16 October 2017
 

​​The higher education sector is vital to the UK economy. In 2014–15 it supported almost one million jobs, and contributed £21.5 billion to UK gross domestic product.​

This report​ investigates the economic contribution that universities make annually​ to the UK economy through generating GDP, jobs and taxes, and their longer-term impact on the UK. 

The research – carried out for Universities UK by Oxford Economics – also quantifies future economic benefits by estimating the long-term impact of the research, development, and skills generated in UK universities in the academic year 2014–15.​

Read a summary ​of the research, or watch the above video, narrated by Universities UK President Professor Janet Beer.

 

The economic impact of Ulster University on the Northern Ireland economy

Report
3 April 2014
Analysis of the economic impact of Ulster University and its students on the Northern Ireland economy.

Impact of universities on the UK economy

The impact of universities on the UK economy

Report
3 April 2014
​This report highlights universities’ increasingly significant impact on the economy in terms of output, contribution to GDP, job creation, and overseas investment.

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