2005


Italian Space Budget, 2005-2021

The Italian space agency, the Agenzia Spaziale Italiana (ASI) is the main contributor, other agencies within Italy also invest in space activities, including the Ministry of Defense.

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Chinese Space Budget, 2005-2021

The Chinese space budget is not publicly available. However, Chinese capabilities and space projects provide indicators for informed estimates of the nation’s space budget. . .

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Global Space Activity by Category, 2005-2021

The global space economy continued to expand in 2021 to reach $469 billion. This record high also had the largest growth rate since 2014, growing 9% from a revised 2020 total of $431 billion.The global space economy continued to expand in 2021 to reach $469 billion. This record high also had the largest growth rate since 2014, growing 9% from a revised 2020 total of $431 billion.

For this year’s analysis, Space Foundation incorporated historical data and 2022 government spending to project the global space economy’s growth over the next five years. Using our methodology, we predict that the total could reach $639 billion by 2026. Our modeling takes a more conservative approach based on average growth of established sectors and does not factor in developing sectors such as lunar habitation or still exploratory concepts such as asteroid mining.

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