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The Space Economy at a Glance 2014

image of The Space Economy at a Glance 2014

The space sector plays an increasingly pivotal role in the functioning of modern societies and their economic development as the use of satellite technology gives rise to new applications, uses and markets. Space Economy at a Glance offers a statistical overview of the global space sector and its contributions to economic activity using data from over 40 countries with space programmes, and identifies new dynamics in the space sector.

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Korea

Korea’s space activities started in the early 1990s with the construction and overseas launching of satellites and sounding rockets. In 2007, in accordance with the Space Development Promotion Act, Korea established its first Space Development Basic Plan, which covered space development matters, including policy, organisational structure, financial and human resources, infrastructure expansion and international co-operation. The Basic Plan was consolidated by Ministry of Education, Science and Technology, Ministry of Strategy and Finance, Ministry of Foreign Affairs, Ministry of National Defence, Ministry of Security and Public Administration, Ministry of Knowledge Economy, Ministry of Land, Transport and Maritime Affairs and the National Intelligence Service.

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