Key Market Indicators
Albania's defence expenditure is expected to reach $236.5 million by 2026, growing at an average of 1.8% year on year. Since 1997, the demand for defence spending in the country has risen by 9.7% year on year. In 2021, Albania was the 110th in the ranking of global defence expenditure, with Nigeria's expenditure at $208.3 million. China, India and Russia came in at second, third and fourth place respectively.
