In 2024, the United States leads Global Civil GBARD investment in space exploration with a slight growth of 2.94% from the previous year. Notable increases include Italy at 7.12% and Hungary, experiencing significant growth of 21.4%. Meanwhile, the United Kingdom saw a substantial decrease, dropping by 12.71%. Overall, European countries show mixed year-on-year variations, with countries like France and Germany seeing slight declines. Over a longer period, key players like the United States and Italy have consistently maintained strong positions, contributing to their respective regions' strengths in space exploration.
Looking towards the future, the space sector is expected to see increased investment, focusing on sustainable practices and international collaborations. Innovations in technology and a shift towards commercial applications could further drive the importance of space exploration. Countries like Italy and Hungary, demonstrating upward trends, might emerge as significant players, potentially diversifying traditional dominance in space expenditures.
Top countries in Civil GBARD in Exploration and Exploitation of Space by Country
| # | 10 Countries | Percent of Civil GBARD | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 15.85 | 2023 | +0.098% | +2.94% | View data |
| 2 | 2 Italy | 14.8 | 2023 | +1.25% | +7.12% | View data |
| 3 | 3 France | 11.77 | 2023 | +0.73% | -0.98% | View data |
| 4 | 4 Belgium | 8.24 | 2023 | -0.083% | +1.32% | View data |
| 5 | 5 Spain | 5.83 | 2023 | +0.93% | -0.96% | View data |
| 6 | 6 Hungary | 5.7 | 2023 | +12.89% | +21.4% | View data |
| 7 | 7 Germany | 4.59 | 2023 | -0.32% | -1.3% | View data |
| 8 | 8 Ireland | 3.82 | 2023 | +7.48% | +9.36% | View data |
| 9 | 9 Romania | 2.73 | 2023 | +0.035% | +9.19% | View data |
| 10 | 10 Norway | 2.55 | 2023 | +0.067% | +2.54% | View data |
