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Economy/Government Budgets

Government Space Budgets

What space agencies are given each year, as published by their governments

All Governments
$141B
2025, Space Foundation estimate
NASA
$24.4B
FY2026 · Enacted
European Space Agency
$8.97B
2025 · €7.68B · Approved
Department of Space (ISRO)
$1.44B
2026-27 · ₹13,706 crore · Budget estimate

Space Agency Budgets in US Dollars

Converted at the European Central Bank reference rate for the middle of each fiscal year, so part of the change from year to year is the exchange rate. The table below has each budget in its own currency.

Every Budget

AgencyYearBudgetUS$Source
NASA
United States
FY2026
Enacted
$24.4B$24.4BCongressional Research Service R43419
P.L. 119-74
Department of Space (ISRO)
India
2026-27
Budget estimate
₹13,706 crore$1.44BBusiness Today
Rs 13705.63 crore
NASA
United States
FY2025
Enacted
$24.8B$24.8BCongressional Research Service R43419
Full-year appropriation (P.L. 119-4); a further $9.995 billion over several years came from P.L. 119-21
European Space Agency
Multinational
2025
Approved
€7.68B$8.97BSpaceIntelReport
Department of Space (ISRO)
India
2025-26
Budget estimate
₹13,416 crore$1.52BThe Tribune
Rs 13416.20 crore; revised estimate Rs 12448.60 crore
NASA
United States
FY2024
Enacted
$24.9B$24.9BCongressional Research Service R43419
European Space Agency
Multinational
2024
Approved
€7.79B$8.45BSpaceIntelReport
Department of Space (ISRO)
India
2024-25
Budget estimate
₹13,043 crore$1.55BETV Bharat
Rs 13042.75 crore; revised estimate Rs 11725.75 crore
NASA
United States
FY2023
Enacted
$25.6B$25.6BCongressional Research Service R43419
Includes $556.4 million emergency supplemental
Department of Space (ISRO)
India
2023-24
Budget estimate
₹12,544 crore$1.51BMorung Express (IANS)
Rs 12543.91 crore
NASA
United States
FY2022
Enacted
$24.0B$24.0BCongressional Research Service R43419
European Space Agency
Multinational
2022
Approved
€7.20B$7.33BSpaceIntelReport
About 7.2 billion euros
NASA
United States
FY2021
Enacted
$23.3B$23.3BCongressional Research Service R43419

Worldwide Estimates

  • Government space spending, 2025$141B
    Space Foundation · 53 government budgets
  • Government space spending, 2025$137.4B
    Novaspace · 95 governments and international organisations
  • Defense space spending, 2025$73.5B
    Novaspace · 54% of government space spending
  • Government space spending, 2024$135B
    Novaspace · About $135 billion; 59% from the United States
  • Government space spending, 2024$132B
  • Defense space spending, 2024$73B
    Novaspace · 54% of government space spending
  • Government space spending, 2023$125B
    Space Foundation · About $125 billion

Many countries do not publish a single space budget (China's is not public), so worldwide totals are estimates.

Budgets are the amounts governments approved or proposed for each fiscal year: enacted appropriations for NASA, budget estimates from India's Union Budget for the Department of Space, and the annual budget approved by the ESA Council. More agencies are added as their budgets are verified.