30 October 2018
International education contributes $5.1 billion to New Zealand
The Economic Valuation of International Education report for 2017 was launched today and shows the value of international education rose to $5.1 billion.
Announced by Education Minister Chris Hipkins, the figure consists of $4.8 billion attributed to international students visiting New Zealand and $0.3 billion to education and training goods and services delivered offshore. This places international education (onshore and offshore delivery) as New Zealand’s fourth largest export industry.
The report, based on 2017 data, also shows that 49,631 jobs are supported by the international education sector.
ENZ Chief Executive Grant McPherson says the figures reflect the hard work of education providers, government and everyday New Zealanders who welcome international students into their homes and communities.
“While economic contribution is one positive aspect of international education, it also brings a range of social and cultural benefits.
“This is reflected in the International Education Strategy, which sets out a path for the future of New Zealand’s international education sector focussed on offering an excellent student experience and building a sustainable sector that provides benefits for all New Zealanders.”
National infographics, as well as regional infographics covering Northland, Auckland, Bay of Plenty (including Tauranga, the Western Bay of Plenty and Rotorua), Waikato, Taranaki, Manawatu, Whanganui, Wellington, Hawke’s Bay, Nelson-Marlborough-Tasman, Canterbury, Otago (including Dunedin and Queenstown) and Southland, are available here.
A factsheet with further detail can be found here.
Update from Immigration New Zealand
A brief update as part of ENZ’s joint work programme with Immigration New Zealand.