In 2023, Egypt's military expenditure stood at USD 4.705 billion. The forecast data for military expenditure in Egypt shows a steady incremental increase from 2024 to 2028. From 2024 to 2028, military expenditure is expected to grow from USD 4.7592 billion to USD 4.9735 billion. Year-on-year growth rates between 2024 and 2027 are approximately 1.14%, 1.12%, 1.09%, and 1.07%, respectively. The CAGR over the five-year period is approximately 1.10%.
Future trends to watch for include potential fluctuations in the geopolitical landscape, which could impact military budget allocations. Additionally, economic performance and national security needs will be critical factors in future budget adjustments.
