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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.
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 ...
The leaders were questioned about a recent report by the Financial Times that said President-elect Donald Trump intends to push NATO to increase its defense spending requirement from 2% to 5% ...
According to NATO estimates published in June, the United States will spend $967.7 billion on defence in 2024, roughly 10 times as much as Germany, the second-largest spending country, with $97.7 ...
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 Russian invasion of Ukraine, which caused military spending in Ukraine to skyrocket.
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.
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
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.