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Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 7:16 AM. ... (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the UK, the US and ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.
By 2022, however, NATO leaders have once again began re-evaluating their defense budgets following Russia’s invasion of Ukraine, and by 2024, a historic number of NATO allies had met their ...
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.
Defence spending: How Nato countries compare. Ian Jones, PA. July 10, 2024 at 5:21 AM. ... (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the UK, the US and ...
President Joe Biden said that NATO allies have increased their defense spending. That's true. Joe Biden’s Mostly True claim about growth of NATO countries hitting 2% of GDP on defense
Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. It also gives an idea of how much financing should be provided for the upcoming fiscal year. The size of a budget also reflects the country's ability to fund military activities. [1]