Key Market Indicators
Angolan defence expenditure is set to decline significantly over the next five years. It is forecast to reach $171 million in 2026, a decrease of 28.4% from 2021. Since 1983, defence expenditure in Angola has decreased by an average of 19.7% annually. In 2021, the country was ranked 74th in terms of military spending, with Croatia overtaking it at $921 million. China, India and Russia were the top three countries in terms of defence budget.
Angola Defense Market Data and Forecasts
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