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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 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 defence spending of the United States is more than double the defence spending of all other NATO members combined. [19] Criticism of the fact that many member states were not contributing their fair share in accordance with the international agreement by then US president Donald Trump caused various reactions from American and European ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions Defense spending in the UK over time Main article: Past military expenditure by country The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [ 8 ]
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Poland surged to the top of NATO's spending charts this year, with the alliance's latest forecast showing it pouring 3.9% of gross domestic product into military goals, almost twice NATO's current ...
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.
The United States and NATO are expected to announce Monday that the number of allied countries spending at least 2% of their country’s economic output on defense has doubled during President Joe ...