Belgium Defence Expenditure is set to reach $5,537,600,000 by 2027 from $5,358,000,000 2022, grew 3.9% per year. Since 1985, the demand jumped by 2.9% year on year close to $1,985,600,000,000.
| # | 150 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 941,470,000,000 | 2023 | +7.36% | +6.65% | View data |
| 2 | 2 China | 308,950,000,000 | 2023 | +5.82% | +5.85% | View data |
| 3 | 3 Russia | 88,312,000,000 | 2023 | +2.24% | +7.47% | View data |
| 4 | 4 India | 84,986,000,000 | 2023 | +4.45% | +5.1% | View data |
| 5 | 5 Saudi Arabia | 75,970,000,000 | 2023 | +1.28% | +0.36% | View data |
| 28 | 28 Greece | 8,121,000,000 | 2023 | +0.2% | +7.12% | View data |
| 29 | 29 Sweden | 7,751,500,000 | 2023 | +0.38% | +6.22% | View data |
| 30 | 30 Belgium | 6,944,500,000 | 2023 | +1.13% | +7.49% | |
| 31 | 31 Iran | 6,865,200,000 | 2023 | +0.27% | -9.37% | View data |
| 32 | 32 Vietnam | 6,610,200,000 | 2023 | +3.48% | +3.75% | 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...