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Colombia Defense Industry Outlook 2022 - 2026

See how Colombia Defense performed compared to key markets such as the United States, China and India.

Key Market Indicators

Colombia is set to increase defence expenditure from $9.1 billion in 2021 to $9.8 billion by 2026, a growth of 0.5% year-on-year. This marks a continuation of the 1% average growth since 1965. In 2021, Colombia was ranked 24th in the world, just behind Indonesia with $9.1 billion. China, India, and Russia took the top three spots with $261 billion, $71.1 billion, and $65.1 billion respectively.

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Colombia Defense Market Data and Forecasts

How much will Colombia Defense Market grow to 2026?

Forecast: Fixed Investment in Machinery and Equipment and Weapon System in Colombia
Forecast: Defence Budget on R&D in Colombia
Forecast: General Government Expenditures on Defence in Colombia
Forecast: Central Government Expenditures on Defence in Colombia
Forecast: Central Government Expenditures on Defence in Colombia
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