Forecast: Defence Expenditure by Central Governement in France

France's central government defence expenditure for 2024 is forecasted to be 7.82, showing a modest increase from the previous year. For 2025, the expenditure is expected to rise slightly to 7.83, followed by incremental growth to 7.84 for 2026 and 7.85 for 2027 and 2028. This suggests an overall stable trend in defence spending with minimal variations year-on-year, averaging a CAGR of approximately 0.13% over the next five years. In 2023, the actual expenditure stood at a slightly lower figure, marking a consistent but slow upward trend.

Future trends to watch include:

• Potential adjustments due to geopolitical tensions, which could lead to unexpected increases in the defence budget.
• Technological advancements necessitating higher investment in modern defence systems.
• Policy changes under new government leadership affecting defence expenditure priorities.