Government Space Budgets
Russian Government Space Budget
2017 – Russian Government Space Budget – Snapshot
Economic and political uncertainty in Russia affected funding levels of the Russian space program. Russia allocated 92.5 billion rubles (US$1.5 billion) for space activities . . .
2016 – Russian Government Space Budget
Russia’s space budget has suffered due to the country’s broader economic crisis. Officials of Roscosmos, Russia’s federal space agency, announced in December 2015 that the…
2015 – Russian Government Space Budget – Snapshot
Russia’s space budget has suffered due to the country’s broader economic crisis. Officials of Roscosmos, Russia’s federal space agency, announced in December 2015 that,,,
Economy: Space Economy – TSR 2015
2014 – Russian Government Space Budget
In 2014, Russia’s space agency Roscosmos received a budget of approximately ## billion rubles (US$## billion). This is a ##% increase from the 2013 budget of ## billion rubles (US$## billion). This was the last budget to be assigned to Roscosmos prior to a reorganization of Russian space activities. In 2014, the Russian government consolidated organizations whose activities include developing, manufacturing, testing, shipping, and selling rockets. This joint stock company, called United Rocket and Space Corporation (URSC), was wholly owned by the Russian Federation and combined 62 entities. In January 2015, Russian President Vladimir Putin approved the further consolidation of URSC and Roscosmos.
Economy: Space Economy – TSR 2014
2013 – Russian Government Space Budget
In calendar year 2013, the planned budget for the Russian Federal Space Program—including Roscosmos, the Russian Federal Space Agency—was ## billion rubles (US$## billion). This was an increase of ##% from the previous year’s expenditure of ## billion rubles (US$## billion). Planned 2013 space spending represented approximately ##% of Russia’s ## trillion ruble (US$## billion) total planned 2013 federal expenditures. Following a one-year reduction between 2013 and 2014, budgets for the Russian Federal Space Program (FSP) are expected to continue to increase in future years. FSP expenditures are expected to total ## billion rubles (US$## billion) in 2014 and ## billion rubles (US$## billion) in 2015.
Economy: Space Economy – TSR 2013
2012 – Russian Government Space Budget
In calendar year 2012, the planned budget for Roscosmos, the Russian Federal Space Agency, was ## billion rubles (US$## billion). This was an increase of 30.43% from the previous year’s budget of ## billion rubles (US$## billion) and represented approximately ##% of Russia’s ## trillion-ruble (US$## billion) planned 2012 federal spending. Roscosmos officials said they expected a budget of ## billion rubles (US$## billion) in 2013, and that funding may increase to as much as ## billion rubles (US$## billion) by 2014.