Key Market Indicators
Chadian defense expenditure is projected to slightly dip to approximately $357 million by 2028 from its current level of $357 million in 2023. This represents a negligible year-on-year decline. Since 1988, Chadian military spending has surged, increasing by an average of 7% annually. In 2023, Chad was ranked 102nd globally in defense spending. The Democratic Republic of the Congo surpassed Chad with an identical budget of $357 million. In the global rankings, China, Russia, and India held the second, third, and fourth positions, respectively, for defense expenditures.
