$40 Billion: US Space Budget Still Exceeds The Rest Of The World Combined – 27 October 2014


Lucas 2012 Infos

RT logoThe United States spends on space programs – both civilian and defense-related – more than every other country combined, even though the NASA budget, which is a part of the program, has not grown in the recent years.

Last year the US spent about $40 billion on its space program, as China’s space budget, which is the second largest in the world, was about $11 billion in 2013; the next, Russia’s, was roughly $8.6 billion; and India’s, the fourth largest, was about $4.3 billion, says a new report by the Organization for Economic Cooperation and Development (OECD).

The report is a statistical overview of the global space sector and its contributions to economic activity, providing indicators and statistics based on both official and private data, in over forty countries with space programs.

Read the full story at: www.rt.com / link to original article

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