City of Surrey's 2024-2028 Financial Plan

POPULATION AND GROWTH STATISTICS

Surrey is one of the fastest growing major cities in Canada, with growth averaging over 10,877 people per year for the past five years. A large proportion of this growth is due to immigration. Surrey's total population, as of December 2024, is estimated to be 622,245 residents. This estimate is provided by Surrey’s Planning & Development Department and is based on the City's residential building inventory, created using a combination of data sources that include: • BC Assessment Authority data; • Surrey Building Permit information; • Surrey Secondary Suite data; • The latest GIS Orthophoto imagery; and • Surrey GIS Cadastre (lot and address) information. The City's estimates are calibrated to the Census of Canada (including the estimated Census undercount) every five years as this data is released. The chart illustrates existing and projected total City population for the years 2019 through 2028. Over the last five years, Surrey's population grew by 54,384 residents, representing an average annual growth rate of 1.8%. Further population growth of approximately 50,371 residents is projected for the five years between 2024 and 2028, for an estimated 2028 population of 672,617. This estimate represents an average annual growth rate of approximately 2.0% over the next five years.

Total Population in Surrey (2019-2028)

700,000

659,495

634,351

650,000

610,483

672,617

589,543

570,053

646,597

600,000

622,245

599,614

550,000

577,902

500,000 Population

450,000

400,000

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Year

Population for 2024 - 2028 is projected Source: City of Surrey Planning & Development Department

City of Surrey | 2024—2028 Financial Plan | Community Profile

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