The Space Foundation has released The Space Report 2016: The Authoritative Guide to Global Space Activity.
In 2015, the global space economy totaled $323 billion worldwide. The decline from $329 billion in 2014 was due, primarily, to the strengthening dollar, meaning that non-U.S. government budgets and industry revenues appeared smaller even though most experienced growth in their own currencies.
With a total of $246 billion, commercial space activities made up 76 percent of the global space economy. The U.S. government spent $45 billion on defense and non-defense space efforts in 2015, a 3 percent increase from 2014.
Non-U.S. government space investment declined by 14 percent in dollar terms, primarily due to exchange rates, to a total of $32 billion in 2015. In reality, most countries increased their budgets for space activities.
The Space Report Key Findings
The Space Report 2016 contains worldwide space facts and figures and is illustrated with photographs, charts and graphs detailing the benefits of space exploration and utilization, the challenges facing the space sector, the opportunities for future growth and the major factors that shape the industry. In addition, The Space Report includes an overview of each sector, easy-to-understand definitions and up-to-date information on space infrastructure, facilities, launches and programs.
The Space Report is published annually by the Space Foundation, using in-house industry analysts working with a European aerospace consulting firm, Eurospace, to research and analyze government and industry trends in space activity.
The Space Foundation offers an online service that provides subscribers with access to all the research conducted for The Space Report dating back to 2005, as well as new data sets that have never appeared in the report. This website provides users with updates throughout the year, as well as customizable charts and downloadable data for further analysis. To view more information about this service, visit www.TheSpaceReport.org.
