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Report reveals international students make huge contribution to UK economy

24 May 2023

A new report has revealed that international students have boosted the UK's economy by £41.9bn in the academic year 2021/22.

A comprehensive analysis conducted by Universities UK International, HEPI, and Kaplan International Pathways examined the economic implications of international higher education students on the UK economy. The study revealed that the cost incurred by taxpayers for supporting these students amounted to only £4.4 billion, marking a significant increase from £31.3 billion in the 2018/19 academic year. Furthermore, the report highlights that each student has a net economic impact of approximately £98,000.

Jamie Arrowsmith, chief executive of UUKi, said: “[International students] offer both a cultural and social benefit to our country, and make a significant contribution to our economy.

“We should be proud that our universities continue to attract students from all over the world. It is vital that the UK remains an open and welcoming destination for international students, and that their contribution is recognised and valued.”

While EU students are still coming to the UK for study, non-EU students provide the overwhelming majority of net impact on the economy – with £33.5bn being generated by non-EU students.

If you are an international student considering studying in the UK, arrange a free consultation with SI-UK today.


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