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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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New Zealand

New Zealand is a new and dynamic actor in the space sector with a focus on “new space”. The New Zealand Space Agency in the Ministry of Business, Innovation and Employment, was set up in 2016 as the official government institution in charge of space policy, regulation and business development. New Zealand’s location provides access to some of the largest numbers of launch azimuths in the world, and low air traffic enables high-frequency launch.

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