Key Market Indicators
Indonesia's defence expenditure is set to hit $10.6 billion by 2026. This is a 2.2% average year-on-year increase since 1979. In 2021, the country ranked 23rd in the world, with Algeria overtaking Indonesia's expenditure of $9.1 billion. China, India and Russia were the top three countries respectively in this ranking.
Indonesia Defense Market Data and Forecasts
How much will Indonesia Defense Market grow to 2026?
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