Key Market Indicators
Zambia's weapon imports are projected to grow modestly, reaching approximately $21.3 million by 2028, up from around $20.7 million in 2023. This marks an annual compound growth rate (CAGR) of 0.5%. Historical data reveals a significant long-term decline in Zambia's demand for weapon imports, which has decreased by 14.2% per year since 1969. In 2023, Zambia ranked 88th globally in weapon imports, with the Democratic Republic of the Congo surpassing it at roughly $20.7 million. Leading the rankings, Qatar, Saudi Arabia, and Kuwait occupied the second, third, and fourth positions, respectively.
