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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 .
BERLIN (Reuters) -Germany has met a NATO alliance target to spend 2% of its gross domestic product on defence for the first time since the early 1990s, a defence ministry spokesperson said on ...
Budget infighting within Germany's governing coalition is jeopardising its plan to meet defence commitments to Western allies even as tensions with Russia rise and a NATO-sceptic Donald Trump bids ...
February 17, 2024 at 6:22 AM. ... comments come after German Finance Minister Christian Lindner said on Friday that it would be "a challenge" for Germany to maintain defence spending of 2% of GDP.
The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
In June 2024, framework agreement for up to 60 airfield firefighting vehicles approved by the budget committee of the Bundestag for a value of €130 million. [84] Orders: July 2024, 35 vehicles for €84.1 million: [85] 23 defensive fire protection (military painting) 12 basic operations/national and alliance defence
April 10, 2024 at 4:16 AM 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.
The budget agreed this month had disappointed Defence Minister Boris Pistorius, who is in charge of efforts to reverse years of neglect and bolster Germany's defences in response to Russia's 2022 ...