{"id":72724,"date":"2021-02-14T09:13:57","date_gmt":"2021-02-14T08:13:57","guid":{"rendered":"https:\/\/zen-hopper.82-223-81-17.plesk.page\/2021\/02\/14\/foreign-students-spent-3-8-billion-in-spain-just-before-covid\/"},"modified":"2021-02-14T09:13:57","modified_gmt":"2021-02-14T08:13:57","slug":"foreign-students-spent-3-8-billion-in-spain-just-before-covid","status":"publish","type":"post","link":"https:\/\/thediplomatinspain.com\/en\/2021\/02\/14\/foreign-students-spent-3-8-billion-in-spain-just-before-covid\/","title":{"rendered":"Foreign students spent 3.8 billion in Spain just before COVID"},"content":{"rendered":"<h6><strong>The Diplomat<\/strong><\/h6>\n<p>&nbsp;<\/p>\n<h4><strong>International students enrolled in Spain generated a direct income of almost 3.8 billion euros in the 2018-2019 academic year, just before the COVID-19 pandemic brought student mobility almost to a standstill.<\/strong><\/h4>\n<p><strong>\u00a0<\/strong><\/p>\n<p>This is what emerges from the sixth edition of the study <em>The Economic Impact of International Students in Spain<\/em>, which was presented this past Wednesday and has been promoted by <strong>ICEX Spain Export and Investment and the association EDUESPA\u00d1A <\/strong>with the aim of analyzing the benefits of this economic activity not only by measuring the direct expenses made by these students, but also reflecting its multiplier effect.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>The results of the report show that <strong>1,044,898 international students enrolled in Spanish institutions in the 2018-2019 academic year, that their overall economic impact on the Spanish economy was 3,795,740,732 euros and that the multiplier effect of student spending was 2.27.<\/strong> A multiplier effect of 2.27 indicates that, for every euro spent on their academic program, these international students spent an additional 1.27 euros in a wide range of sectors of the Spanish economy.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>&#8220;In addition to the economic results collected in the study, it is worth taking into account other long-term intangible benefits derived from international mobility in our classrooms&#8221;, said <strong>the Secretary of State for Trade, Xiana M\u00e9ndez<\/strong>, during the presentation of the report. &#8220;When a student comes to Spain to train, he or she is exposed to our culture and builds close and invisible ties with our country that last a lifetime&#8221;, she continued. &#8220;Thus, these international students, who will become great professionals, will always see in our country an opportunity to make investments, to build collaborative alliances and will be prescribers of Spain&#8221;, she concluded.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>The report also reveals that Spain has remained the preferred educational destination for international students for the past three decades, a trend that continued in 2018-2019.<\/strong>\u00a0 In any case, ICEX warned in a press release, this year&#8217;s report refers to <strong>&#8220;the last stage before the COVID-19 pandemic impacted the world, bringing student mobility almost to a standstill&#8221;<\/strong>. &#8220;It is important to use the results of the year under review as a basis for predicting how the different categories of programs can best recover, helping Spain to re-establish its place as a privileged global destination&#8221;, it added.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>The document also indicates that, <strong>&#8220;in the 2018-2019 European ranking, Spain ranks first in receiving Erasmus+ students in Higher Education, well ahead of Germany, France, the United Kingdom or Italy<\/strong>, a position it continues to hold uninterruptedly since 2001, and second in sending students, only behind France and well ahead of the rest of the Program countries&#8221;, said Coral Mart\u00ednez \u00cdscar, director of the Spanish Service for the Internationalization of Education (SEPIE), a public body attached to the Ministry of Universities that acts as the National Agency for this program in Spain.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>On the other hand, <strong>the largest enrollments are registered in Spanish language programs, up to 47% of the total. <\/strong>This is followed by Instituto Cervantes students completing courses at its centers abroad and candidates for its standardized tests, with 27%. The remaining 26% includes master&#8217;s degrees, bachelor&#8217;s degrees, Study Abroad studies and Erasmus+ students. All in all, the greatest impact per student is from international students enrolled in master&#8217;s degrees, followed by bachelor&#8217;s degrees. Although these two categories represent 15% of the international student population, they account for 65% of the economic impact of Spanish exports of educational services.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International students enrolled in Spain generated a direct income of almost 3.8 billion euros in the 2018-2019 academic year, just before<\/p>\n","protected":false},"author":1,"featured_media":57024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[158,106,159,182,162],"tags":[],"class_list":["post-72724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-frontpage-en","category-frontpage","category-news","category-subscribers","category-the-world-in-spain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign students spent 3.8 billion in Spain just before COVID - thediplomatinspain.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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