Key Market Indicators
Swiss defence expenditure is projected to hit approximately $6.6 billion by 2028, up from around $6.2 billion in 2023. This represents an average annual growth rate of 0.9%. Since 1965, Swiss defence spending has increased by an average of 5.6% annually. In 2023, Switzerland was ranked 33rd in global defence spending. Vietnam narrowly edged ahead with an expenditure of $6.2 billion. China, Russia, and India occupied the 2nd, 3rd, and 4th spots respectively in the global ranking for defence spending.
Latest reports
Switzerland Defense Market Report- Q1 2025
In the first quarter of 2025, Switzerland's defense market has demonstrated significant advancements across various sectors, driven by a strategic focus on cybersecurity,...
Switzerland Defense Market Report- Q4 2024
The fourth quarter of 2024 marked significant developments in Switzerland's defense market, characterized by strategic fiscal adjustments, technological advancements, and international collaborations. These...
Switzerland Defense Market Report - Q4 2024
The fourth quarter of 2024 has marked a period of significant strategic shifts and advancements in the Swiss defense sector, with a notable...
