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Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 7:16 AM. ... (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the UK, the US and ...
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.
By 2022, however, NATO leaders have once again began re-evaluating their defense budgets following Russia’s invasion of Ukraine, and by 2024, a historic number of NATO allies had met their ...
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
Pew Research Center's 2016 survey among its member states showed that while most countries viewed NATO positively, most NATO members preferred keeping their military spending the same. The response to whether their country should militarily aid another NATO country if it were to get into a serious military conflict with Russia was also mixed.
Defense spending by many European countries fell after the 1991 collapse of the Soviet Union seemed to neutralize what was then the prime security threat to the West. But after Russia seized Ukraine's Crimean Peninsula in 2014, NATO members unanimously agreed to spend at least 2% of their GDP on defense within a decade.
As of June 2024, of the 32 NATO countries, eight were still far short of the 2 percent of GDP threshold. Only Poland exceeds 4 percent. ... That is 1.5 times current U.S. defense spending as a ...