Key Market Indicators
Mauritania's defense expenditure is projected to hit $283 million by 2028, up from $236 million in 2023. This marks an average annual growth rate of 2.9%. Since 1990, the nation's defense budget has seen an average annual increase of 8.3%. In 2023, Mauritania ranked 109th globally in defense spending, with the Republic of the Congo slightly ahead at $236 million. Leading the global defense spending rankings are China, Russia, and India, occupying the second, third, and fourth positions respectively.
