Economy
Annual Economy Overviews
Economy: Space Economy – TSR 2014
2013 – Economy Overview
The global space industry continued to grow in 2013, expanding by #% since 2012, slightly below the average annual growth rate of ##% from 2009 to 2013. Commercial space revenues and government space spending together totaled $## billion in 2013, compared to $## billion in 2012.
Economy: Space Economy – TSR 2013
Economy: Space Economy – TSR 2012
2011 – Economy Snapshot
The global space industry showed very strong growth in 2011, increasing more than ##% from 2010. Commercial space revenue and government budgets reached a record total of $## billion in 2011. This follows a trend of continuing expansion in the global space economy, demonstrating a five-year growth rate of ##% from $## billion in 2006, with the largest growth registered in commercial infrastructure and support industries.
Economy: Space Economy – TSR 2011
2010 – Economy – Snapshot
The global space economy continued to demonstrate strong growth in 2010, increasing by ##% to reach a record total of $## billion. This figure shows the continuation of a five-year trend of expansion in the space economy, demonstrating growth of ##% from $## billion in 2005. While many other industries declined in recent years due to the recession, growth in the space economy as a whole was at least #% every year.
Economy: Space Economy – TSR 2010
2009 – Economy – Snapshot
In the midst of the worst economic meltdown in decades, the global space industry experienced steady growth in 2009. Commercial space revenue and government budgets reached a combined total of $## billion in 2009, representing a #% increase from 2008. The 2009 total continued a four-year trend of expansion in the global space economy, demonstrating growth of ##% from $## billion in 2005. Global space activity figures from previous years have been adjusted due to methodology changes and new data, as described in the Summary of Data.
2008 – Economy – Snapshot
The space industry continued to grow in 2008 with estimated global space revenues and government budgets reaching $## billion. This trend of growth has persisted since the Space Foundation began tracking global budgets and revenues for the industry in 2005. While past years have shown stronger growth, the trend remains positive despite the global economic crisis.
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