Developing a space economy thematic account for Europe

The space economy has been gaining increasing interest due to its important role in modern societies and the rising number of countries and enterprises involved in space activities. Nevertheless, a robust economic measurement of the space economy is hampered by the data scarcity and the lack of a consistent measurement methodology. This publication explores the development of a European space economy thematic account to provide a harmonised approach for generating reliable and timely space economic statistics that allow for an accurate quantification and monitoring of the space economy within Europe. Written collaboratively by the European Space Agency and the European Commission´s Eurostat and Joint Research Centre, it aims to serve as a conceptual guide for the construction of the European space economy thematic account at country and inter-country levels, following international accounting standards.