Global Defense Trends in 2022
Defense is part of Aerospace And Defense and includes a number of sub-sectors such as Weapon. You may also be interested in Aerospace.
Global defence expenditure is on the rise. It is estimated to reach $2 trillion by 2026, growing at an average year-on-year rate of 1.1%. Since 1985, the demand has grown by an average of 2.4% annually. In 2021, the United States led the ranking with defence expenditure of $739 billion. China, India and Russia followed in second, third and fourth place respectively. Venezuela's expenditure grew by a staggering 34.7% year on year, whereas Angola's fell by 19.7% during the same period.
Top 10 countries
In 2022 major markets in the Defense Industry were:
Defense Market Data and Forecasts
How much the Defense industry is expected to grow to 2026?
More in Defense Industry for 2028Global Defense Statistics
- Weapon Import 210 countries (Africa, Latin America, Sub-Saharan Africa...)
- Weapon Export 164 countries (Asia, Europe, Latin America...)
- Defense Expenditure 189 countries (Europe, Northern Europe, Africa...)
- Small Arms Import 167 countries (Latin America, Africa, Sub-Saharan Africa...)
- Small Arms Export 106 countries (Europe, Asia, Southern Europe...)
- Gross Fixed Capital Formation 238 countries (Europe, Northern Europe, Western Europe...)
- Ammunition Import 157 countries (Latin America, Africa, Sub-Saharan Africa...)
- Vehicle Import 192 countries (Africa, Asia, Sub-Saharan Africa...)
- Number Of Enterprises 67 countries (Europe, Northern Europe, Southern Europe...)
- Warship Import 173 countries (Africa, Asia, Sub-Saharan Africa...)
Global Defense Industry Database
Improve your Knowledge with the latest Indicators and Trends
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Electronic Warfare: Exploring Trends, Opportunities, and Challenges in the Global EW Industry
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