University of Surrey Impact Study

In 2022, we were commissioned to update the economic impact studies we had previously completed for the University of Surrey. The report reveals that the University of Surrey supported over 17,500 jobs in the county of Surrey during the pandemic-hit year, with the University contributing a gross value added* (GVA) of £1.3 billion to the county’s economy. This is an increase from the academic year 2018/19 when the University supported more than 14,400 jobs and contributed a GVA of £1.2 billion to Surrey’s economy.  

The University of Surrey Economic Impact Report was produced by independent economic consultants BiGGAR Economics. The report details the ways the University’s research and innovation contribute significantly to economic growth by supporting firms with their own research and development, directly commercialising University research, and through the impact of the University’s graduates. Collectively, these activities added £194 million GVA to the Surrey economy and supported more than 700 jobs in the county.  

The report shows that the University of Surrey contributed £1.9 billion to the UK economy in the academic year 2020/21, which is up from £1.8 billion in 2018/19. 

 The University’s student community generated £146 million GVA to the Surrey community and supported 4,650 jobs. This positive economic contribution was made through part-time employment, volunteering and starting businesses.  

You can read the full report on the University of Surrey’s website, through the link below:

Posted 28.04.23

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