For the first time ever the full impact of the 7 IUA universities on the economy and society as a whole has been measured. Our universities deliver for Ireland, producing the talent and creativity that drives economic growth and contribute a staggering €8.9bn a year to the economy.
Indecon Research Economists were appointed by the IUA in 2018 to conduct the first ever sectoral impact assessment of its member Universities. This independent report provides a greater understanding of how our seven universities contribute to the national economy and the social and cultural fabric of the country.
Indecon research identifies an average wage premium of 38% – 43% for university graduates and a large cash payback to the State from investment in universities.
Universities generate €386 million per annum in export earnings and €1.5 billion in R&D impacts.