Key Market Indicators
Bosnia's defence expenditure is set to decrease by 1.5% year on year until 2026, according to a recent report. In 2021, the country came in 114th place in the global ranking of defence expenditure, with Mauritania overtaking it with $155,240,000. The figure for Bosnia was $143.7 million in 2021, down from $155.2 million in 2021. China, India and Russia respectively ranked 2nd, 3rd and 4th in the ranking. Since 2007, Bosnia's defence expenditure has decreased by an average of 0.3% year on year.
