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President Trump has called on NATO allies to increase their defense spending to 5 percent, ... NATO in 2014 set a target that each member dish out 2 percent of its GDP on defense by 2024. At 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.
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 defence spending of the United States is more than double the defence spending of all other NATO members combined.(Note that this is total U.S. defense spending, not spending specifically for NATO) [19] Criticism of the fact that many member states were not contributing their fair share in accordance with the international agreement by then ...
NATO estimates showed Poland was set to lead the alliance in defense spending as a percentage of GDP in 2024, with Warsaw investing more than 4% of its economic output on defense. Estonia and the ...
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.
NATO's European states would invest a combined total of $380 billion in defence this year, taking their spending as a whole to an estimated 2% of GDP in 2024 compared to 1.85% in 2023, NATO ...
More than 20 NATO members will meet the military alliance's target of spending at least 2% of GDP on defense this year, Secretary General Jens Stoltenberg said on Monday. Speaking to the Wilson ...