Nato Spending By Country Chart 2024. Nato officials expect the majority of members to reach the goal of spending 2 percent of gross domestic product on defense by 2024, nato secretary. The majority of nato countries still fall short of the 2% objective, with spain and luxembourg at the lower end of the scale, spending 1.02% and 0.57% of their gdps on.
Good morning and welcome to the washington foreign press center. Fifteen of nato’s 29 members have laid out plans to meet the alliance’s defense spending goal by 2024, overall increasing spending by $46 billion, secretary.
Out Of The 31 Nato Members, 23 Are.
A record number of nato nations have met or exceed the alliance's spending target, but other members are still falling short.
Since 2015, According To The Official Nato Figures, The Number Of Countries Meeting The 2% Target Went From 3 To 7 And Those Above The 20% Investment Target Rose.
In this graphic, we break down nato defense spending in 2023.
Nato Spending By Country Chart 2024 Images References :
Ukrainian President Volodymyr Zelenskyy Speaks At The Ronald Reagan Institute On The Sideline Of Nato Summit In Washington, Tuesday, July 9, 2024.
The markets might help to discipline extravagant spending.
Allies Agreed Nato’s Civil And Military Budgets For 2024 At A Meeting Of The North Atlantic Council On Wednesday (13 December 2023).
In response to instability in the middle east and russia’s illegal annexation of crimea, nato leaders agreed in 2014 to aim to commit 2% of their gdp to defense.