Government Space Budgets
Annual Government Space Budgets Global Overview
2020 Global Space Economy Climbs Despite Turbulent Year, Disrupted Government Spending
International successes in space, such as the Hope, Perseverance, and the Zhurong missions to Mars, don’t happen without years of advance government spending. In 2020, as nations struggled to overcome a global pandemic, space spending varied widely across countries and agencies.
2017 – Government Space Budgets – Snapshot
The space investments of governments continue to shift on the basis of national priorities and politics…
2016 – Government Space Budgets – Snapshot
Total global government space budgets in 2016 were $## billion, a ##% decrease from $## billion in 2015.
2015 – Government Space Budgets – Snapshot
Total global government space budgets in 2015 were $76.516 billion, a 4.8% decrease from $80.415 billion in 2014. More than half of this spending was in the United States, which budgeted $44.567 billion for government space activities in 2015. Government budget levels reflect the most recent budgetary information available for each country, taking into account the fact…
Economy: Space Economy – TSR 2015
2014 – Government Space Budgets Overview
On a global level, government investment in space increased #% to $## billion. Because not all governments operate under the same fiscal cycle, space spending numbers were derived from the most recent budgetary information available for each country. As in previous years, the growth was not uniform, with some countries reducing the funding available for space activity, as shown below. The figures reported in the following country profiles are presented in both the local currency and U.S. dollars as of June 30 of the appropriate year.
Economy: Space Economy – TSR 2014
2013 – Government Space Budgets Overview
Government space programs accounted for approximately $## billion in spending during 2013, representing ##% of the global space economy. Government investment in space decreased by ##% in 2013, contributing to a cumulative average annual growth rate of ##% between 2009 and 2013. The top-line figures, however, do not fully depict how some countries have significantly increased space spending while others have made cuts, as shown in Exhibit 2n. Because not all governments operate under the same fiscal cycle, international space spending numbers were derived from the most recent budgetary information available for each country. The figures reported in the following country profiles are presented in both the local currency and U.S. dollars as of June 30 of the appropriate year.
2012 – Government Space Budgets Overview
Government space programs accounted for approximately $## billion in spending during 2012, representing ##% of the global space economy. Government investment in space grew by ##% in 2012, a rate lower than the average annual ##% growth rate between 2008 and 2012. The top-line figures, however, do not fully depict how some countries have significantly increased space spending while others have made cuts, as shown in Exhibit 2o below. Governments do not all operate under the same fiscal cycle, so international space spending numbers were derived…