Feb 8, 2024
Which Countries Meet NATO’s 2% Spending Target?
What we’re showing
Expected defense expenditures (as a % of GDP) of NATO members in 2023. Note that these are official estimates from NATO, and are based on 2015 prices.
Key takeaway
Poland, the U.S., and Greece are NATO’s top three defense spenders in terms of GDP.
Context
- In 2006, NATO Defense Ministers agreed to commit a minimum of 2% of their GDP to defense spending.
- In dollar terms, the U.S accounts for 68% ($860B) of NATO’s total spending ($1.3T)