Key Market Indicators
Germany's defense expenditure is projected to hit approximately $59 billion by 2028, up from around $56 billion in 2023. This marks an average annual growth rate of 0.8%. Historically, German demand for defense resources has seen a yearly increase of 3.9% since 1965. As of 2023, Germany ranks seventh globally in defense spending. The United Kingdom slightly edged out Germany with an expenditure of about $56 billion, securing the sixth spot. Leading the global rankings are China, Russia, and India, occupying the second, third, and fourth positions respectively.
Latest reports
Germany Defense Market Report- Q1 2025
In the first quarter of 2025, Germany's defense market has been marked by significant investments and strategic advancements across various sectors, driven by...
Germany Defense Market Report- Q4 2024
The Germany defense market in Q4 2024 exhibits significant advancements and strategic shifts, primarily driven by increased defense spending, technological integration, and international...
Germany Defense Market Report - Q4 2024
The defense sector in Germany during the fourth quarter of 2024 is characterized by significant technological advancements and strategic collaborations, positioning Germany as...
