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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 ...
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.
Currently, no alliance member spends 5% of GDP on defense. NATO estimates showed Poland was set to lead the alliance in defense spending as a percentage of GDP in 2024, with Warsaw investing more ...
According to NATO estimates published in June, the United States will spend $967.7 billion on defence in 2024, roughly 10 times as much as Germany, the second-largest spending country, with $97.7 ...
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.
Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. It also gives an idea of how much financing should be provided for the upcoming fiscal year. The size of a budget also reflects the country's ability to fund military activities. [1]
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 ...