Key Market Indicators
Morocco's defence expenditure is on the rise. It is set to reach $5.1 billion by 2026, up 1.9% every year on average. Since 1965, the country's demand for defence has grown at an average of 5.9% annually. In 2021, it placed 41st in the world rankings, behind Denmark, which spent $4.4 billion. The top three spenders were China, India and Russia.