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Modernization Initiatives And Peacekeeping Missions Help To Drive The Peruvian Defense Industry To 2018

2013-09-06 03:15:36| rfglobalnet News Articles

Defense expenditure in Peru is anticipated to increase at a CAGR of 13.38% to reach a value of US$5.5B by 2018. As a percentage of gross domestic product (GDP), the Peruvian defense budget stands at 1.3% in 2013 and is expected to increase to 1.6% by 2018, according to this new report: Future of the Peruvian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018.

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