Key Market Indicators
Moldova's defense expenditure is projected to climb to approximately $52 million by 2028, up from around $49 million in 2023. This marks an average annual growth rate of 1.2%. Since the turn of the millennium, Moldova's demand for defense spending has surged by an average of 5.4% each year. In 2023, the country ranked 135th globally in defense expenditure, with Fiji surpassing it at around $49 million. In the global rankings for defense spending, China, Russia, and India held the second, third, and fourth positions, respectively, as of 2023.
