Bolivia
Civil space spending in Latin America (USD), 2022-2024
Like Africa, Latin America has a budding presence in the space economy, and six nations in the region had space budgets available for this analysis.
Government Space Spending Increases 19% from 2020 to 2021
Total government space spending in 2021 reached $107 billion, a 19% increase from 2020, based on Space Foundation analysis. Space Foundation examined government space spending of 46 nations, including 14 nations new to the analysis this year.
2012 – Additional Country Space Budgets
Around the globe, many smaller nations—in economy or population size—are investing in space projects or programs. These emerging space states generally feature relatively small-scale investments in space applications linked to specific national socioeconomic development objectives. The exhibit for additional/emerging countries shows the most recent available yearly budget for civil space activities in selected emerging space states. Each country tends to feature a different focus in its space investment portfolio, so care must be taken in making generalizations.
2009 – Chinese Government Space Budget – Snapshot
The Chinese civil space budget is not published, and estimates of spending vary widely. In 2005, the vice administrator of the China National Space Administration (CNSA) stated that the Chinese space budget was US$## million. However, many analysts contend that annual Chinese civil space spending is in fact considerably higher, reaching as much as US$## billion. China has demonstrated dramatic space progress in the past decade, which likely can be linked to growing space expenditures through the CNSA.