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Israel Defense Industry Outlook 2022 - 2026

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

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Israel's defence expenditure is set to increase by an average of 1.8% year-on-year to reach $24 billion by 2026. Since 1965, demand has grown by an average of 3.7% year-on-year. In 2021, Israel ranked 14th in the world for defence expenditure, with Canada overtaking it at $21 billion. China, India, and Russia were the top three countries in this ranking.

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