RIBA Business Benchmarking 2023 summary
RIBA’s annual Business Benchmarking report tracks the business of architecture among RIBA Chartered Practices.
Key trends revealed in the 2023 RIBA Business Benchmarking report include:
- Practice Revenues have risen by 17% overall, to total £3.6 bn.
- Revenue from International work has grown and now totals £750 million.
- RIBA Charted Practices have increased profits, but by just 2% overall.
Download the 2023 Executive Summary at the bottom of the page.
RIBA Chartered Practices can also download the full report and explore the data.
Overview
The annual RIBA Business Benchmarking full report provides vital business knowledge about how your practice compares to others, across a broad range of business metrics. It allows you to identify areas of strength, weakness and opportunity, and make evidence-based business decisions.
The full report offers an in-depth evaluation of how well your practice is performing in the following areas:
- Staff salaries
- Practice revenue, expenditure and profit
- Charge out rates and billable hours
- Work types and sectors
- Business policies
- Sources of new commissions
The findings also provide robust data about the business of architecture, informing and supporting RIBA's policy positions, and helping to shape the future of the profession.
All RIBA Chartered Practices benefit from and are required to complete the RIBA Business Benchmarking survey by 31 July each year. Information is collected and analysed in complete confidence by our project partners at The Fees Bureau and Purple Frog.
Access the Full Report
If you are not yet a RIBA Chartered Practice and would like access to this year’s full Benchmarking Report, please telephone +44 (0)20 7307 3800 or email Membership Development. The full report provides the detailed findings, analysed by practice size and region.
Queries
For further information on the RIBA Business Benchmarking Survey, or to register your interest in participating, please contact us by email.
