Key Market Indicators
Kyrgyzstan's defense spending is projected to hit approximately $179 million by 2028, up from nearly $155 million in 2023. This marks an average annual growth rate of 2.3%. Since 1999, the nation's defense expenditure has seen a year-on-year increase of about 4%. In the 2023 rankings, Kyrgyzstan was positioned at 118th, with Equatorial Guinea surpassing it at the same spending level of $155 million. Globally, China, Russia, and India continue to dominate the rankings, occupying the second, third, and fourth spots respectively.
