Economy
Government Space Budgets
2020 Global Space Economy Climbs Despite Turbulent Year, Disrupted Government Spending
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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.
2020 TSRQ4 – Nation in Review: Germany
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Germany’s overall space spending has increased 56% since 2009, and its domestic space spending in 2019 increased more than 30% from 2018, reaching €1.3 billion (US$1.53 billion). Finalized budget information for 2020 German space spending will not be available until early 2021. . .
Snapshot: Government Space Spending in 2019
2018 Economic Analysis: U.S. Government Space Investment
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The U.S. government increased spending on space activities in 2018. This spending represents a greater share of global space economy investment than any other nation. The U.S. government allocated the majority of funding to the Department of . . .
Snapshots: Commercial Space Revenues in 2018
2018 – U.S. Civil Space Budgets – Snapshot
Seven U.S. civil government agencies have space line items, if not subordinate space agencies, in their budget…
2018 – U.S. National Security Space Budgets – Snapshot
Space technologies are a vital asset to the United States military across air, land, sea, and cyberspace. All four branches under the Department of Defense (DoD) – the Air Force (USAF), the Army (USA), the Navy (USN), and the Marine Corp (USMC) – have space assets. DoD agencies…
2017 – Government Space Budgets
Global government spending increased in 2017, totaling $76.2 billion, up from $72.7 billion in 2016. Government spending accounted for 19.9% of the global space economy . . .
2017 – United Kingdom Government Space Budget – Snapshot
In the 2017-18 fiscal year, which ran from April 6, 2017 to April 5, 2018, the UK Space Agency (UKSA) had a budget of £386.8 million (US$502.6 million), including £288.9 million (US$375.4 million) in contributions to ESA.
2017 – Spanish Government Space Budget – Snapshot
Space activities in Spain are coordinated by the Instituto Nacional de Tècnica Aeroespacial (INTA) within the Ministry of Defense. In 2017, the Spanish government allocated . . .