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The United Kingdom Defense Industry Outlook 2022 - 2026

See how the United Kingdom Defense performed compared to key markets such as the United States, China and India.

Key Market Indicators

British defence spending is set to remain relatively flat until 2026, according to new projections. The UK is currently the sixth-highest defence spender in the world. It spent an estimated £45.3 billion ($55.3 billion) in 2021, a slight decrease from the previous year. Since 1965, Britain's defence expenditure has grown by an average of 0.7% each year. Meanwhile, Russia was the highest spender in 2021, with an estimated $55.3 billion. China, India and Russia followed in second, third and fourth place respectively.

The United Kingdom Defense Market Data and Forecasts

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