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What’s the value of the quantum economy?

Joe Oliver Economist, CBI Economics

CBI Economics analyses the contribution – and the potential – of one of the UK’s most innovative sectors.

19 Oct 2023, 6 min read

Key takeaways

  • The UK quantum industry currently contributes £1.7 billion in GVA to the UK economy
  • Quantum firms already support an estimated 20,000 full-time equivalent (FTE) employees across the UK
  • And they're 33% more productive than the national average, adding £93,000 in GVA per FTE job to the UK economy.

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