The United States leads global civil Gross Budgetary Appropriation or Outlay for Research and Development (GBARD) in space programs, reflecting significant investment power compared to others. Italy shows the strongest recent growth at 18.45%, while Hungary also experiences notable increases at 21.13%. In contrast, Spain and South Korea observed slight declines in funding. The remaining countries see moderate growth, with Greece and Romania also marking double-digit growth percentages, highlighting their increasing commitment to space budgets.
Future Trends to Watch:
- The progressive increase in funding by emerging countries, potentially altering global space dynamics.
- Increased collaboration and partnerships could arise, emphasizing international cooperation in space exploration.
- Investment focused on sustainable and innovative technologies in space may become a key trend.
- Economic and geopolitical factors may influence variations in budgetary priorities for space programs worldwide.
Top countries in Civil GBARD for Space Programmes by Country
| # | 10 Countries | US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 13,130 | 2023 | +1.5% | +4.33% | View data |
| 2 | 2 Italy | 3,220 | 2023 | +11.21% | +18.45% | View data |
| 3 | 3 Germany | 2,480 | 2023 | +3.92% | +3.98% | View data |
| 4 | 4 Japan | 2,440 | 2023 | +2.01% | +2.93% | View data |
| 5 | 5 Spain | 597.84 | 2023 | +1.89% | -0.13% | View data |
| 6 | 6 South Korea | 490.63 | 2023 | +0.8% | -0.46% | View data |
| 7 | 7 Netherlands | 191.2 | 2023 | +0.33% | +3.34% | View data |
| 8 | 8 Norway | 104.91 | 2023 | +4.21% | +5.83% | View data |
| 9 | 9 Czech Republic | 54.73 | 2023 | +3.58% | +3.97% | View data |
| 10 | 10 Hungary | 52.37 | 2023 | +13.62% | +21.13% | View data |
