BEA is developing statistics measuring the contributions of space-related industries to the overall U.S. economy. These estimates give business leaders, policymakers, and the public a new tool to analyze the space economy and to inform investment decisions.

Updated and revised estimates of the U.S. space economy’s contributions to GDP, gross output, private employment, and private compensation by industry for 2012-2021 were released on June 27, 2023. BEA continues to explore options for further improvements and extensions to these space economy statistics. The next release, including data for 2022, is expected in 2024.

What is the Space Economy?

These statistics measure the economic contributions of both private and government ventures in space.

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