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Pistorius pushed back at opposition suggestions that Germany should increase its special military defence fund to 300 billion euros ($320 billion) from 100 billion, saying the government should ...
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 .
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 ...
The spending would kick off with a roughly $113 billion investment to boost the languishing German military. The news sent shares of well-known defense stocks surging on Monday.
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]
Germany may need to spend more than 2% of its gross domestic product on defence to deter Russia in the coming years, German Defence Minister Boris Pistorius said on Saturday. Germany has met the 2 ...
West Germany * 32,650: 33,569: ... Military budget; List of countries by military expenditures; List of countries by military expenditure per capita; References
German Chancellor Olaf Scholz on Friday said his government would adapt its defence budget to ensure the country achieves the NATO spending target of 2% of GDP even after a special 100 billion ...