Economy
Government Space Budgets
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.
2020 TSRQ4 – Nation in Review: Germany
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
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
Snapshots: Commercial Space Revenues in 2018 | Total $328.86 B 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 . . .