In 2023, South Korea led in government R&D appropriations for space exploration with significant growth. Germany experienced a considerable decrease, whereas Mexico and Denmark had robust growth, notably Mexico's more than tripling of its budget. Sweden, Norway, Poland, and the Czech Republic showed modest increases, while Portugal, Romania, and Estonia saw slight declines. Slovenia's budget grew substantially. The five-year CAGR highlights varied trajectories, indicating countries' shifting priorities in space investments.
Future trends to observe include increased collaboration among nations, the proliferation of public-private partnerships, and a potential shift in funding towards space sustainability and technology designed to combat climate change from space.
Top countries in Government Budget Appropriations or Outlays for R&D in Exploration and Exploitation of Space by Country
| # | 10 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 29,250 | 2023 | +4.94% | +5.87% | View data |
| 2 | 2 Germany | 9,820 | 2023 | -8.52% | -24.11% | View data |
| 3 | 3 Sweden | 4,790 | 2023 | +4.78% | +3.72% | View data |
| 4 | 4 Mexico | 4,520 | 2023 | +6.28% | +254.63% | View data |
| 5 | 5 Norway | 3,840 | 2023 | +4.6% | +3.09% | View data |
| 6 | 6 Poland | 3,680 | 2023 | +2.07% | +2.07% | View data |
| 7 | 7 Czech Republic | 3,060 | 2023 | +4.47% | +4.52% | View data |
| 8 | 8 Denmark | 2,070 | 2023 | +1.8% | +131.23% | View data |
| 9 | 9 Portugal | 912.3 | 2023 | +2.6% | -4.63% | View data |
| 10 | 10 Romania | 733.87 | 2023 | +0.67% | -3.3% | View data |
