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Chile Defense Industry Outlook 2022 - 2026

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

Key Market Indicators

Chile's defence expenditure is predicted to reach $5 billion by 2026. This is an increase from the 2021 figure of $4.6 billion, growing at an average rate of 0.4% year-on-year. Since 1965, Chile's demand for defence spending has dropped by an average of 0.8% annually. In 2021, the country ranked 39th in the world, with Portugal higher at $4.6 billion. China, India and Russia came in at numbers two, three and four, respectively.

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Chile Defense Market Data and Forecasts

How much will Chile Defense Market grow to 2026?

Forecast: Fixed Investment in Machinery and Equipment and Weapon System in Chile
Forecast: General Government Expenditures on Defence in Chile
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