City of Surrey's 2021 - 2025 Financial Plan

POPULATION AND GROWTH STATISTICS

Surrey is one of the fastest growing major cities in Canada, with growth averaging over 9,918 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 2020, is estimated to be 580,360 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 below illustrates existing and projected total City population for the years 2016 through 2025. Over the last five years, Surrey's population grew by 40,730 residents, representing an average annual growth rate of 1.51%. Further population growth of approximately 43,200 residents is projected for the five years between 2021 and 2025, for an estimated 2025 population of 623,560. This estimate represents an average annual growth rate of approximately 1.49% over the next five years.

Total Population in Surrey (2016-2025)

690,000

650,000

614,570

596,950

610,000

623,560

580,360

605,660

557,390

588,490

570,000

539,630

571,610

549,440

530,000

Population

490,000

450,000

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Year

Population for 2021 - 2025 is projected, as identified by blue numbers in chart Source: City of Surrey Planning & Development Department

City of Surrey | 2021—2025 Financial Plan | Community Profile

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