2019
Global Space Activity by Category, 2005-2021
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.
Government Space Spending Increases 19% from 2020 to 2021
Total government space spending in 2021 reached $107 billion, a 19% increase from 2020, based on Space Foundation analysis. Space Foundation examined government space spending of 46 nations, including 14 nations new to the analysis this year.
U.S. Space Industry Salaries and Real Salary Growth by Sector, 2015-2020
Space sector categories associated with space vehicle manufacturing all experienced growth in real wages from 2015 to 2020. Combined with increased hiring, this suggests that there is a high demand for individuals in these positions.
European Space Industry Workforce by Sector 2003 – 2020
European space industry workforce by sector; launchers, spacecraft, and ground for 2003 through 2020.
U.S. Space Industry Employment and U.S. Total Employment Relative to 2010
Estimates of the size of the U.S. space workforce are based on statistics made available in the U.S. Bureau of Labor Statistics (BLS) Quarterly Census of Employment and Wages. This program covers 95% of U.S. jobs and provides a consistent and reliable source of information to compare changes in the workforce over time.
Commercial Infrastructure and Support Industries, 2005-2020
Commercial Infrastructure and Support Industries, 2005-2020 Specifically amounts in Billions of U.S. dollars for commercial satellite manufacturing, and launch industry, as well as ground stations and equipment.
NASA Civil Servant Workforce, 2012-2022
NASA’s civil service workforce has grown gradually in recent years, contributing to an increase in U.S. space employment.
U.S. Space Industry Core Employment, 2011-2021
Core employment in 5 key space sectors continued to grow in 2021. These employment levels do not reflect all employment in the U.S. space industry, but rather, track employment in key sectors most closely associated with U.S. space employment.
Market Annual Premiums and Claims, 2000 to 2021
Space insurance claims in 2021 fell to one of the lowest levels in the past two decades.
KARI Annual Expenditure (millions USD), 2010-2020
South Korea is intent on building its space program, as this look at its national space agency budget reflects.