The Space Economy in Figures

How Space Contributes to the Global Economy

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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.



India has an ambitious programme in technology development, space applications and science. The country launches its own satellites from the Satish Dhavan Space Centre in Sriharikota, and operates a significant fleet of earth observation and satellite communications satellites for civil applications such as emergency management, tele-education and tele-health. The Indian Space Research Organisation (ISRO), under the Department of Space, is responsible for R&D, operations as well as manufacturing, and has laboratories and facilities spread across the country. ISRO employed some 16 000 persons in 2017/18 (ISRO, 2018[1])


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