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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 ...
NATO in 2025 . 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 second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
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. [2]
(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 ...
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 ...
Still, others maintain military expenditure is a drag on development. [3] Among the countries maintaining some of the world's largest military budgets, China, India, France, Germany, Japan, Russia, the United Kingdom and the United States are frequently recognized to be great powers. [4]
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