The University of Exeter contributes almost £1.6 billion of output to the UK economy and supports 15,500 jobs through its economic activities and the impact of student and visitor spending.
A newly published independent economic impact study has revealed the institution generates £900m annually towards national gross domestic product (GDP) and has engaged in hundreds of millions of pounds worth of research and development over the past five years.
Its impact in the South West, including the generation of Gross Value Added (GVA) equivalent to 9% of Exeter’s GDP, supporting around 3% of Devon’s workforce as the third largest employer in the county, and the creation of more than £125 million in output for Cornwall’s economy.
