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The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
There is a wide range in military spending throughout the European continent. In general, spending is low, with an average of around 3% of government spending, in comparison with an average of about 6.4% globally. [1] In 2020, Russia and Belarus spent more on the military than any other European countries. However, this data precedes the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. This is a list of countries by past military expenditure, starting 1987.
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
NATO Secretary General Mark Rutte said European countries in the military alliance have agreed to step up their defense spending in the wake of President Donald Trump’s request that they ...
All members of Nato are signed up to an agreement to spend the equivalent of 2% of their gross domestic product (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the ...
Many European NATO members have struggled to meet the current 2% defense spending goal. Donald Trump's suggestion that NATO members should allocate 5% of their GDP on defense has prompted mixed ...
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.