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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]
All members have militaries, except for Iceland, which does not have a typical army (but it does have a coast guard and a small unit of civilian specialists for NATO operations). Three of NATO's members are nuclear weapons states: France, the United Kingdom, and the United States. NATO has 12 original founding member states.
At a 2014 summit in Wales, NATO members reaffirmed a commitment to spend a minimum of 2% of their country’s GDP on defense, a pledge with renewed urgency after Russia’s annexation of Crimea.
The U.S. contributes 3.4% of its GDP and about 16% of NATO's annual budget. ... NATO members recommitted to the 2% guideline in the wake of Russia’s ... NATO countries should pay 5% of GDP for ...
The contributions of the 29 member countries are calculated according to a cost-sharing formula based on their gross national income. France also bears the direct costs linked to NATO operations in which it chooses to participate. Since 2006, NATO has set a long-term objective for each member country to devote 2% of its GDP to defense.
According to a 2023 Econpol report, NATO defense spending increased as a result of Russia's invasion, from an overall pre-war level of 1.7% of GDP to 1.9% in 2023, and 11 nations out of the 30 members (plus Sweden) above the 2% level. Poland became the biggest spender per capita and issued the biggest increase to its budget as well. The report ...
More than 20 NATO members will meet the military alliance's target of spending at least 2% of GDP on defense this year, Secretary General Jens Stoltenberg said on Monday. Speaking to the Wilson ...
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 ...