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Montenegro Defense Industry Outlook 2022 - 2026

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

Key Market Indicators

Montenegrin defence expenditure is expected to reach $105,400,000 by 2026. This is an increase of 8.5% since 2010 and 1.8% year on year on average. In 2021, Montenegro was the 123rd largest defence spender, with South Sudan overtaking it with $92,713,000. China, India and Russia were the world's second, third and fourth largest defence spenders, respectively.

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Montenegro Defense Market Data and Forecasts

How much will Montenegro Defense Market grow to 2026?

Forecast: Public Administration and Defence Output in Montenegro
Forecast: Public Administration and Defence Output in Montenegro
Forecast: Military Expenditure in Montenegro
Forecast: Military Expenditure in Montenegro
Forecast: Military Expenditure in Montenegro
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