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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 ...
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.
The defence spending of the United States is more than double the defence spending of all other NATO members combined.(Note that this is total U.S. defense spending, not spending specifically for NATO) [19] Criticism of the fact that many member states were not contributing their fair share in accordance with the international agreement by then ...
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]
Poland surged to the top of NATO's spending charts this year, with the alliance's latest forecast showing it pouring 3.9% of gross domestic product into military goals, almost twice NATO's current ...
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
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.
BRUSSELS (Reuters) - Defence spending by NATO's European members and Canada was 20% higher in 2024 than the previous year, NATO Secretary General Mark Rutte said on Friday, ahead of a meeting in ...