2014-02-07 20:35:01 - Sudan Defence and Security Report Q1 2014 - a new market research report on companiesandmarkets.com
Defence expenditure in Sudan has fluctuated markedly in recent years. In 2008, the country was spending around US$2.8bn per year on defence. Figures for 2013 indicate that Sudan has spent US$2.3bn on defence, leaving the budget largely unchanged from 2012. It is expected to maintain a defence budget of US$2.4bn in 2014, with this figure rising in 2015 to circa US$2.5bn. Analysts expect the defence budget to experience a further rise in 2016 to US$2.7bn, before rising again to US$3bn at the end of the forecast period in 2017.
Security concerns are the key factors which will influence the increases in defence spending expected to be witnessed towards the end of the forecast period.
With the exception of two years during the
forecast period 2001-2009, the size of the Sudanese armed forces has remained broadly the same. Moreover, Sudan is a major importer of military equipment with the country sourcing materiel from suppliers in Russia and China. Sudan is also thought to have purchased materiel from Iran. As the country has no defence manufacturing base of note, it is forced to rely on external suppliers to meet the needs of its armed forces.
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