Key Market Indicators
Since 1997, the supply of Greek weaponry has decreased by approximately 25%. Greek weapon imports are projected to reach nearly $299 million by 2028, up from about $284 million in 2023. This represents an average annual growth rate of 0.8%. Since 1965, Greek demand for weapons has surged by nearly 49% year on year. In 2023, Greece ranked 24th in global weapon imports, with Serbia slightly ahead at around $284 million. Qatar, Saudi Arabia, and Kuwait occupied the second, third, and fourth positions, respectively, in this ranking.
