Measuring KBR’s economic contribution to Australia

How can businesses demonstrate their wider contribution to the economy?

Details:

Oxford Economics assessed KBR’s economic contribution to Australia, measuring its impact on GDP, employment and tax revenues, alongside its wider contribution through supply chains, skills development and innovation.

KBR is a global engineering, science and technology company providing differentiated solutions across government and commercial markets. In Australia, KBR supports clients across areas including defence, infrastructure, energy and the energy transition.

people in meeting room in front of laptops

The Challenge

Understanding KBR’s wider economic footprint

KBR wanted to better understand and quantify the economic contribution generated by its operations in Australia, including the activity supported through its supply chain and employee spending.

The analysis aimed to provide a comprehensive view of KBR’s economic footprint beyond its direct activities.

The Solution

Measuring direct, indirect and induced impacts

Oxford Economics conducted an economic contribution assessment to measure KBR’s impact across three channels:

Direct – economic activity generated by KBR’s Australian operations
Indirect – activity supported through KBR’s supply chain
Induced – wider activity generated through employee and supply-chain spending

The assessment measured KBR’s contribution to GDP, employment and tax revenues, while also considering wider effects including productivity, SME support, training and innovation.

KBR’s contribution to GDP in 2023

Source: Oxford Economics Australia

The Result

Demonstrating KBR’s contribution to the Australian economy

The analysis found that KBR generated a total contribution of $1.011 billion to Australian GDP in 2023 and supported 6,370 jobs across Australia.

For every 10 direct KBR employees, a further 36 jobs were supported elsewhere in the Australian economy, reflecting a jobs multiplier of 3.6.

KBR also contributed an estimated $362 million in tax revenues, supported 420 SMEs through $158 million of purchases, and had labour productivity 59% higher than the Australian economy average.

KBR’s contribution to employment in Australia in 2023