Study of the economic benefits of ‘religiosity’

A new national organisation called SEIROS, Study of the Economic Impact of Religion on Society, recently released research conducted by Deloitte Access Economics, which found that people who begin attending religious services as adults have a higher likelihood of volunteering and donating than people who have never attended religious services.

The research uses new data from a national survey of over 7,000 Australians and finds:

  • Individuals who started attending religious services as adults are 1 .7 times more likely to be a volunteer and 1.5 times more likely to make donations (compared to people who have never attended religious services).
  • The additional volunteers and donors associated with religiosity are estimated to give an additional 30.5 million hours of volunteering per year with an economic value of at approximately $339 million to the Australian economy, and additional donations of around $142 million.
  • The total estimated annual value to the Australian economy of volunteering and giving done by people who start attending religious services as adults is approximately $481 million.

A full copy of the report can be downloaded from the Deliotte Access Economics website here.

While this report focuses on the impact of church attendance it supports the work done internationally by Cardus in North America on the impact of Christian schooling on similar civic involvement.