Search results
Results from the WOW.Com Content Network
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 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 .
There is a wide range in military spending throughout the European continent. 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 ...
But senior NATO officials concede that countries might have to spend up to 3% of GDP to execute the security blueprint successfully. A new spending target is likely to be announced next year. Rutte also said NATO might set specific targets for member countries to fill military equipment gaps.
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 ...
Germany can cover future increases in military spending without creating a special funding instrument, but must do more to coordinate defence with European allies, the frontrunner in the race to ...
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.
European allies in NATO are stepping up their military spending, just as Donald Trump wanted. In words, deeds and arms deals, leaders of the United States’ partners in NATO are making the case ...