Key Market Indicators
Bolivia's weapon imports are projected to climb to approximately $31 million by 2028, up from nearly $30 million in 2023. This represents an annual growth rate of 0.8%. Since 1965, Bolivia has seen a staggering 97% increase in its demand for weapon imports year on year. In the 2023 rankings, Bolivia held the 76th position, with Laos surpassing it with imports valued at close to $30 million. Leading the rankings were Qatar, Saudi Arabia, and Kuwait, occupying the second, third, and fourth positions respectively.