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The Space Economy in Figures

How Space Contributes to the Global Economy

image of The Space Economy in Figures

The space economy is expanding and becoming increasingly global, driven by the development of ever-more governmental space programmes around the world, the multiplication of commercial actors in value chains, durable digitalisation trends, and new space systems coming of age. This report describes these emerging trends using new and internationally comparable data and indicators. It highlights the growing importance of space activities for the economy, for developing country strategies (based on original official development assistance statistics), for the pursuit of knowledge and scientific discoveries, and for society in general. To get the most out of space investments and promote sustained socio-economic growth, this report provides some recommendations to countries in building up their statistical evidence on space actors and activities.

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France

France has the largest space budget in Europe and is, with Germany, one of the top contributors to the European Space Agency (ESA). It is home to the Guiana Spaceport, with excellent conditions for launch to the geostationary orbit. The French space agency CNES, under the joint supervision of the Ministry of Higher Education and Research and the Ministry of Defence, is responsible for formulating and executing space policies. France also hosts the headquarters of the European Space Agency (ESA) and several centres and services for the European navigation programme Galileo.

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