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Defence spending: How Nato countries compare

In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.

Ian Jones
Wednesday 10 July 2024 05:21 EDT
Some 18 countries are likely to spend the equivalent of 2% of their gross domestic product (GDP) on defence in 2024, including the UK and US (Victoria Jones/PA)
Some 18 countries are likely to spend the equivalent of 2% of their gross domestic product (GDP) on defence in 2024, including the UK and US (Victoria Jones/PA) (PA Wire)

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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 UK, the US and Poland.

The latest annual report from Nato Secretary General Jens Stoltenberg suggests that in 2024, this number is likely to rise to 18 countries.

Here is a list of how much was estimated to have been spent on defence by Nato countries in 2023 as a proportion of their national GDP, ranked from highest to lowest.

All data comes from the latest Nato annual report.

– Poland 3.92%– United States 3.24%– Greece 3.05%– Estonia 2.89%– Lithuania 2.75%– Finland 2.46%– Latvia 2.37%– UK 2.28%– Hungary 2.07%– Slovakia 2.05%– Denmark 2.00%– France 1.90%– Bulgaria 1.87%– Norway 1.80%– Croatia 1.75%– Albania 1.72%– North Macedonia 1.70%– Germany 1.66%– Netherlands 1.63%– Romania 1.60%– Turkey 1.58%– Montenegro 1.55%– Czech Republic 1.53%– Portugal 1.48%– Italy 1.47%– Slovenia 1.33%– Canada 1.33%– Spain 1.24%– Belgium 1.21%– Luxembourg 1.01%

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