Key Market Indicators
Guyana's defence expenditure is set to reach nearly $80 million by 2026. It was $66 million in 2021, an increase of 2.7% year-on-year. This trend has been consistent since 1978, growing at an average rate of 5.1% annually. Guyana was ranked 135th in 2021, behind Burundi and its $66 million defence expenditure. China, India, and Russia were the world's top three defence spenders respectively.