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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 ...
Nato asks every member country to spend at least 2% of national income - also known as GDP - on defence. It is thought that 23 countries met that target in 2024 , compared to only three in 2014. [BBC]
Lithuania has decided to raise its spending on defense to between 5 and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in the region, Lithuanian ...
NATO in 2024. The North Atlantic Treaty Organization (NATO) is an international military alliance consisting of 32 member states from Europe and North America. It was established at the signing of the North Atlantic Treaty on 4 April 1949. Of the 32 member countries, 30 are in Europe and two are in North America.
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.
Global military expenditure in 2023. A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.
(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 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.