New Zealand - space economy revenue by sector 2019

Space applications contributed over one billion New Zealand dollars to the country's space economy in fiscal year 2019. Space applications includes applications making use of satellite signals and data. In New Zealand, the space economy is relatively new but is growing quickly.

Estimated revenue of the space economy in New Zealand in financial year 2019, by sector (in million New Zealand dollars)

Characteristic	Revenue in million New Zealand dollars
Space manufacturing	247
Space operations	150
Space applications	1,007
Ancillary services	221
Research and development	119
Government	10

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Release date

November 2019

More information

Region

New Zealand

Survey time period

July 2019

Number of respondents

119 organizations

Method of interview

Online survey

Supplementary notes

New Zealand's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.

One New Zealand dollar is equal to approximately 0.64 U.S. dollars and 0.59 euros (as of February 2020).

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