{"id":5510,"date":"2023-03-10T03:26:50","date_gmt":"2023-03-10T03:26:50","guid":{"rendered":"https:\/\/fairbettingsites.co.uk\/?p=5510"},"modified":"2023-03-10T13:39:36","modified_gmt":"2023-03-10T13:39:36","slug":"space-race-us-government-spent-51-more-on-space-programs-than-the-rest-of-the-world-combined","status":"publish","type":"post","link":"https:\/\/fairbettingsites.co.uk\/blog\/2023\/03\/10\/space-race-us-government-spent-51-more-on-space-programs-than-the-rest-of-the-world-combined\/","title":{"rendered":"Space Race: US Government Spent 51% More On Space Programs Than The Rest Of The World Combined"},"content":{"rendered":"<p>The space race isn&#8217;t really much of a race at all.<\/p>\n<p>The data analysts at Fair Betting Sites have crunched the space budgets from countries around the world to see which nations are spending the most money on their aerospace programs.<\/p>\n<p>The United States came away as the clear winner, spending 4.5x more than China, the next-highest country. In total, the US spent $61.97 billion on space programs in 2022, more than any other country in the world.<\/p>\n<p>The data, which was sourced from Euroconsult, revealed that the US space budget outweighed that of all governments in the world combined ($41 billion).<\/p>\n<p>China was next on the list after spending $11.94 billion on its aerospace program in 2022 but no other country in the world had a space budget of more than $5 billion.<\/p>\n<p>Here are the highlights from the data below.<\/p>\n<ul>\n<li><a href=\"#1\">United States Spent $61.7B on Space Programs in 2022<\/a><\/li>\n<li><a href=\"#2\">USA Space Budget Was 4.5x Higher Than China, The Next-Highest Country<\/a><\/li>\n<li><a href=\"#3\">No Other Countries Spent More Than $5B on Aerospace Programs<\/a><\/li>\n<\/ul>\n<div class=\"infogram-embed\" data-id=\"_\/KQhq8iVOA3a8tbOEHW00\" data-type=\"interactive\" data-title=\"Space Race: Countries with Biggest Space Budgets in the World\"><\/div>\n<p><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script><\/p>\n<h2>United States Spent $61.7B on Space Programs in 2022<\/h2>\n<p>The United States space budget is by far the largest on earth.<\/p>\n<p>No government spent more on its aerospace programs in 2022 and it wasn\u2019t even close.<\/p>\n<p>The US space budget came in at $62 billion, 51.2 percent more than the rest of the countries in the world combined ($41 billion)<\/p>\n<h2>USA Space Budget Was 4.5x Higher Than China, The Next-Highest Country<\/h2>\n<p>China was second on the list with a total of $11.91 billion of expenditures on its space programs.<\/p>\n<p>Over the last five years, China\u2019s aerospace programs have undergone significant development.<\/p>\n<p>In 2020, the Chinese space program became the third country in the world to land softly on Mars and establish communication from the Martian surface.<\/p>\n<p>Even with China\u2019s space budget steadily increasing, the US spent 4.5x more on its space budget compared to China.<\/p>\n<h2>No Other Countries Spent More Than $5B on Aerospace Programs<\/h2>\n<p>While the US and China weren\u2019t shy about investing in their space programs, other countries didn\u2019t prioritize aerospace spending the same way.<\/p>\n<p>No other country in the world invested more than $5 billion in its space program.<\/p>\n<p>Japan was third on the list with $4.90 billion in space program expenditures in 2022.<\/p>\n<p>France ($4.20B) and Russia ($3.42B) rounded out the top-5 countries with the most government spending on space programs in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The space race isn&#8217;t really much of a race at all. The data analysts at Fair Betting Sites have crunched the space budgets from countries around the world to see which nations are spending the most money on their aerospace programs. The United States came away as the clear winner, spending 4.5x more than China, &hellip; <\/p>\n","protected":false},"author":32,"featured_media":5512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Government Spending 4.5x More On Space Budget Than China<\/title>\n<meta name=\"description\" content=\"The United States is spending 4.5x more on its aerospace budget than China and more than any country in the world at $61.97 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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