As of 2023, Israel leads in local government expenditures on defense at 0.54%, closely followed by Switzerland at 0.5%. South Korea, Lithuania, Denmark, Czech Republic, the United Kingdom, Poland, and Austria trail significantly, all below 0.2%. Over the past year, substantial declines were seen in Israel and Switzerland by 0.37% and 0.78% respectively. Lithuania and Czech Republic also witnessed decreases of 4.36% and 5.59%. South Korea, Denmark, the United Kingdom, Poland, and Austria maintained their expenditure levels.
Trends to watch include potential policy shifts in defense spending as nations reassess security priorities, growing geopolitical tensions, and budgeting adjustments due to economic fluctuations. Close monitoring is essential as these factors may lead to shifts in future local government defense allocations.
Top countries in Local Government Expenditures on Defence by Country
| # | 9 Countries | Percent of Local Government Expenditure | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 0.54 | 2023 | 0% | -0.37% | View data |
| 2 | 2 Switzerland | 0.5 | 2023 | 0% | -0.78% | View data |
| 3 | 3 South Korea | 0.11 | 2023 | 0% | 0% | View data |
| 4 | 4 Lithuania | 0.04 | 2023 | 0% | -4.36% | View data |
| 5 | 5 Denmark | 0.03 | 2023 | 0% | 0% | View data |
| 6 | 6 Czech Republic | 0.03 | 2023 | 0% | -5.59% | View data |
| 7 | 7 United Kingdom | 0.03 | 2023 | 0% | 0% | View data |
| 8 | 8 Poland | 0.02 | 2023 | 0% | 0% | View data |
| 9 | 9 Austria | 0.01 | 2023 | 0% | View data |
Latest reports
US Defense Market Report- Q1 2025
The US defense market in the first quarter of 2025 is positioned for significant growth, driven by advancements in aerospace and missile systems,...
China Defense Market Report- Q1 2025
In the first quarter of 2025, China's defense market has experienced significant developments, driven by strategic realignments in response to escalating geopolitical tensions....
Japan Defense Market Report- Q4 2024
The fourth quarter of 2024 marked a significant period for the Japan defense market, driven by strategic initiatives and geopolitical imperatives. Japan's defense...
Germany Defense Market Report- Q1 2025
In the first quarter of 2025, Germany's defense market has been marked by significant investments and strategic advancements across various sectors, driven by...
India Defense Market Report- Q1 2025
The first quarter of 2025 has been transformative for the Defense India landscape, driven by strategic partnerships, technological advancements, and significant investments aimed...
UK Defense Market Report- Q1 2025
In Q1 2025, the UK defense sector is marked by transformative trends and strategic advancements across multiple domains. With a focus on technological...
France Defense Market Report- Q1 2025
In the first quarter of 2025, the defense sector in France saw significant strategic developments and investments aimed at enhancing national security and...
Canada Defense Market Report- Q1 2025
The Canadian defense market in Q1 2025 has been marked by strategic shifts in response to global economic pressures and evolving security needs....
Brazil Defense Market Report- Q1 2025
The Brazilian Navy is set to significantly boost its maritime defense capabilities in Q1 2025 with the integration of MANSUP anti-ship missiles onto...
Italy Defense Market Report- Q1 2025
The defense sector in Italy is undergoing significant transformation, characterized by strategic alliances, technological advancements, and increased investments. In Q1 2025, Italy is...