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In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
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.
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.
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.
Finland - which has a 1,340km (832 mile) land border with Russia - joined in April 2023. Sweden became a member in March 2024. Having been neutral for decades, they both applied to Nato in May ...
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence. ... Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 4:16 AM.
In Afghanistan, the presence of almost 100,000 contractors has resulted in a near 1-to-1 ratio with military personnel. [1] The surge in spending on defense services contractors that began in 2001 came to a halt in 2009, leading to the Better Buying Power initiative of 2010. [2] [3]
NATO estimated that 23 of its members met its current goal of spending 2% of GDP in 2024. ... NATO chief Mark Rutte said on Monday the alliance's military capability targets may require members to ...