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Macedonia Defense Industry Outlook 2022 - 2026

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

Key Market Indicators

Macedonia’s defense expenditure is expected to reach $161 million by 2026. This year, it stands at $147 million, a 1.1% increase from the previous year. Over the past 20 years, demand for defense has grown by 7.3% annually. In 2021, Macedonia was ranked 116th in defense spending, with Bosnia and Herzegovina ahead at $147 million. China, India, and Russia took the top three spots in this ranking.

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Macedonia Defense Market Data and Forecasts

How much will Macedonia Defense Market grow to 2026?

Forecast: Fixed Investment in Machinery and Equipment and Weapon System in Macedonia
Forecast: Public Administration and Defence Output in Macedonia
Forecast: Public Administration and Defence Output in Macedonia
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