The economic impact of the University of Bristol

The University of Bristol contributed £1.06 billion to Bristol’s economy and £1.78 billion nationally in the academic year 2022/23, supporting over 27,000 jobs across the UK. The report highlights the University’s role in driving innovation, fostering entrepreneurship, and boosting human capital, while outlining future growth opportunities.

The University of Bristol plays a vital role in driving economic growth and prosperity at the local and national level. To better understand its economic impact, the University commissioned Oxford Economics to assess its contribution in the academic year 2022/23, as well as the potential benefits arising from future expansions, including the Temple Quarter Enterprise Campus.

The analysis focuses on quantifying the University’s economic footprint across Bristol, the West of England Combined Authority, and the UK. This includes its direct impact, supply chain activities, and the economic contributions of its students and visitors. Additionally, the report highlights the wider benefits generated by the University, including its globally-recognised research, entrepreneurial spin-offs, and the significant economic value added by its skilled graduates.

Oxford Economics found that the University contributed £1.06 billion to Bristol’s economy, supporting over 16,500 jobs in the academic year 2022/23—equivalent to 5.1% of GVA and 4.8% of employment across the city. The University of Bristol extended its economic footprint to £1.78 billion nationally, sustaining more than 27,200 jobs across the UK workforce.