Key Market Indicators
Burundi's defense expenditure is projected to escalate to approximately $104 million by 2028, marking an increase from about $91 million in 2023. This growth represents an average annual increase of 2%. Since 1967, Burundi's demand for defense spending has surged at an average annual rate of 6.9%. In 2023, the country ranked 127th in global defense expenditure, with Benin surpassing it at roughly $91 million. Leading the rankings, China, Russia, and India occupied the second, third, and fourth spots, respectively.
