International student numbers have bounced back after years of decline, driving the value of the country's fifth largest export industry to $2.85 billion, says a report by Education New Zealand.
The number of international students increased by 12 per cent to a five-year high of 93,137 in the January to August period last year compared to the same time in 2013, having declined by more than 6 per cent between 2011 and 2013.
The estimated value of the international education industry had increased by $258 million to $2.85 billion, compared to a 2012/13 evaluation.
Acting chief executive for Education New Zealand John Goulter said the 12 per cent rise represented an increase in enrolments of just over 10,000 and was a positive sign that the industry had recovered from the previous few years.
"Numbers in New Zealand were affected by a few major factors such as the Christchurch earthquakes and the global financial crisis, both of which had quite a big effect on international education in New Zealand," Goulter said.