Space spending in the world: China doubles its budget, post-Soviet countries surprise
According to Novaspace, a consulting company specializing in space activities, global government spending on space in 2024 reached $135 billion, which is 22.65% of the estimated global space economy.
In five years, taxpayer funds have increased the share of defense and civilian nonprofit programs spent on space exploration and use by almost 4.5%, mainly through a sharp turn toward military and security space.
Also impressive is China's jump from $10 billion to $20 billion over the past four years.
In general, out of 90 "space" countries and international organizations, 12 out of 90 have joined the billionaires' club.
The chart above shows 70 countries with government budgets of more than $10 million – absolutely all space programs/projects funded by governments are included in the calculation (not just those exclusively responsible for ministries of defense and space agencies).
Among the post-Soviet countries, Azerbaijan ($72 million) and Turkmenistan ($69 million) are the most impressive – in total, 7 out of 15 former parts of the USSR are represented here.
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