SOUTHAMPTON'S ECONOMIC IMPACT

The University of Southampton contributes £4.14 billion to the UK economy every year, according to the 2022 Economic Impact Report conducted by independent consultants London Economics. For every pound spent by the University, £7.40 was generated in economic benefit.

Approximately £1.6 billion of this economic impact occurs in the South East – with a very significant proportion of this occurring within Southampton itself.

The University also contributes £69 million to Southampton’s tourism industry, coming from approximately 23,000 study trips, business meetings and visits to see friends and family.

The Economic Impact Report indicates that every region and sector of the UK benefits from the activities of the University. The economic impact of the University on the East of England was estimated to be about £100 million in 2020-2021, while the economic impact on the North West and Yorkshire and the Humber were £83 million and £69 million respectively.

Our research, enterprise and knowledge exchange provides our largest economic impact, equating to £2.07 billion across the UK economy in the academic year 2020-2021.