Key Market Indicators
Namibia's defence expenditure is expected to rise 0.3% year-on-year to reach $400 million by 2026. This follows a 2.5% year-on-year decline in demand since 1996. In 2021, Namibia was ranked 98th in the world for defence expenditure, behind Burkina Faso at $375 million. China, India and Russia ranked 2nd, 3rd and 4th respectively.
Namibia Defense Market Data and Forecasts
How much will Namibia Defense Market grow to 2026?
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