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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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United Kingdom

The United Kingdom has been active in the space sector for more than 50 years and has a highly skilled and export-oriented industry. The UK Space Agency is an executive agency of the Department for Business, Energy and Industrial Strategy and the main government body responsible for civil space policy in the United Kingdom. The Agency represents the United Kingdom at the international level and co-ordinates and funds national research projects.

English

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