Economy

The global space economy reached a new high of nearly $447 billion in 2020, an increase of 4.4% from a revised 2019 figure of $428 billion. The 2020 figure is 55% greater than a decade ago, and 176% greater than Space Foundation’s first such analysis of the 2005 global space economy. As in 2019, nearly 80% of this year’s space spending stemmed from commercial revenue, which is divided into two sectors: Products and Services and Infrastructure and Support Industries. For the annual analysis of government space spending, Space Foundation reviewed civil government and military spending of 36 governments or cooperative bodies worldwide, relying on publicly disclosed budgets, media reports, estimates based on gross domestic product, and, in some cases, correspondence with government officials. Articles in this section feature quarterly analysis of market activity, merger and acquisitions, and government and commercial spending and revenue.  

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Quilty Analytics 2022 Q2 Quarterly Transactional Update

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The S-Network Space Index℠ First Half 2022 Performance

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U.S. Space Spending Ensnared in Congressional Budget Delays

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Government Space Spending Increases 19% from 2020 to 2021

Total government space spending in 2021 reached $107 billion, a…

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2021 Global Space Economy Grows at Fastest Rate in 7 Years

The global space economy continued to expand in 2021 to…

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Partisan Fight Threatens to Delay Pentagon, Space Force Budget

Republicans on the House Appropriations Committee sent warning signals on…

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Market Annual Premiums and Claims, 2000 to 2021

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