Key Market Indicators
Lebanon's weapon imports are projected to climb to approximately $20.4 million by 2028, up from around $19.5 million in 2023. This marks an average annual growth rate of 0.8%. However, historical data paints a different picture. Since 1966, Lebanese demand for weapon imports has decreased by 17.8% each year. In the global ranking for 2023, Lebanon held the 89th position, with Zambia surpassing it at roughly $19.5 million. Other notable countries in the rankings include Qatar, Saudi Arabia, and Kuwait, which took the 2nd, 3rd, and 4th spots, respectively.