Britain’s engineers add £645bn to national economy

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Britain’s engineers generate up to an estimated £645bn gross value added to the UK’s economy annually, new research has found.

AdobeStock/Gorodenkoff

The research has been released by the Royal Academy of Engineering on National Engineering Day, which is celebrating UK engineering and highlighting the importance of the profession.

The research, conducted by Metro Dynamics for a project commissioned by the Royal Academy of Engineering, also reveals that over eight million people – or over a quarter of all UK workers – are part of the nation’s engineering economy, and that the UK is home to 729,000 engineering businesses. Furthermore, on average the annual economic output generated from an engineering job is estimated to be 23 per cent higher than the average job in the UK.

In a statement, Dr Hayaatun Sillem CBE, CEO of the Royal Academy of Engineering, said: “On National Engineering Day, we want to celebrate the UK’s engineers and showcase how they are improving our lives for the better. This new research emphasises the economic impact of the sector right across the UK, revealing how important engineering is for employment and prosperity in a wide range of regions.

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