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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 ...
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence. ... Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 7:16 AM.
NATO estimated the combined defence spending of its members at $1.474 trillion in 2024 - around $968 billion from the United States and $507 billion from European nations and Canada. The overall ...
(Reuters) - NATO chief Mark Rutte said on Monday the alliance's military capability targets may require members to spend as much as 3.7% of GDP on defence but this figure could be reduced with ...
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 .
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
This began a drawdown of military spending and equipment in Europe. The CFE treaty allowed signatories to remove 52,000 pieces of conventional armaments in the following sixteen years, [31] and allowed military spending by NATO's European members to decline by 28 percent from 1990 to 2015. [32]
Poland spends the most among NATO members as a proportion of its GDP at a NATO-estimated 4.1% in 2024, while eight of the military and political alliance's 32 members spend less than 2%.