Key Market Indicators
Haitian defense expenditure is projected to climb to $30 million by 2028, up from approximately $22 million in 2023. This represents an average annual growth rate of 5.3%. The uptick in spending marks a continuation of a trend observed since 1993, when Haitian defense demands began to rise at an average rate of 9.2% each year. The steady increase underscores Haiti’s ongoing efforts to bolster its defense capabilities amid regional security challenges.
