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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 ...
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 $2204.
NATO estimates showed Poland was set to lead the alliance in defense spending as a percentage of GDP in 2024, with Warsaw investing more than 4% of its economic output on defense. Estonia and the ...
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions 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 ]
Nato chief Mark Rutte echoes incoming US president Donald Trump's call for members to spend more.