7 July 2016

Economic valuation of international education underway

An update of the economic valuation of the international education industry is currently underway in New Zealand.

An update of the economic valuation of the international education industry is currently underway in New Zealand.

Education New Zealand is responsible for commissioning an economic valuation analysis  of the international education industry. This research provides the quantitative evidence for the industry’s contribution to New Zealand.

Infometrics and National Research Bureau have been commissioned by ENZ to estimate the current size of the international education industry including expenditure by foreign students in New Zealand. The research includes surveying international students (and in some cases their guardians), via either a web-based or paper survey.

The valuation follows a similar exercise in 2012 /2013 when students were also surveyed.  An interim valuation was produced in 2014 which valued the international education industry, at $2.85 billion, supporting more than 30,000 jobs.

A copy of the report and an infographic of key findings are downloadable here.

An updated economic valuation report is expected in October 2016.

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