Key Market Indicators
Tajikistan’s defense expenditure is projected to climb to approximately $113 million by 2028, up from around $105 million in 2023. This marks an annual growth rate of 1.1% in compound annual growth rate (CAGR). Since 1997, Tajikistan’s defense spending has seen a consistent increase, averaging a 5.2% rise each year. In 2023, the country ranked 122nd globally in defense expenditure, with Mongolia surpassing it by spending the same amount, approximately $105 million. On the global stage, China, Russia, and India took the second, third, and fourth spots respectively in defense spending rankings for 2023.
