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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 .
That would mean that UK defence spending reaches around £87.1 billion in the year ending March 2031, some £23 billion higher than in the year ending March 2025.
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 Integrated Review of Security, Defence, Development and Foreign Policy, [1] often known as the Integrated Review, and titled as Global Britain in a Competitive Age, [2] was a review carried out by the British government led by Boris Johnson into the foreign, defence, security and international development policies of the United Kingdom. [3]
[85] The Strategic Defence and Security Review 2015 committed to spending 2% of GDP on defence and announced a £178 billion investment over ten years in new equipment and capabilities. [86] [87] On 8 March 2023 Prime Minister Rishi Sunak announced a further £5bn in defence spending with a long-term goal of an increased spending to 2.5% of GDP ...
This re-commits to a target set by Boris Johnson in 2022 and firms up the Prime Minister’s own stance on the defence budget. Sunak commits to spend 2.5% of GDP on defence by 2030 Skip to main ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions Defense spending in the UK over time Main article: Past military expenditure by country The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [ 8 ]
The review will set out a “road-map” to increasing the UK’s defence spending to 2.5% of gross domestic product, but no target date has yet been set to reach that target.