How much is each NATO country spending on its military in 2024?
Al Jazeera
The 32 members of the world’s most powerful military alliance will spend $1.47 trillion this year.
NATO is holding the final day of its three-day summit in Washington, DC, to mark its 75th anniversary.
On Wednesday, the world’s most powerful military alliance formally declared Ukraine was on an “irreversible” path to NATO membership and pledged to provide Kyiv with at least $43bn in military aid.
In 2006, the alliance’s defence ministers agreed to commit a minimum of 2 percent of their gross domestic products (GDP) to defence spending to ensure the military readiness of the alliance.
Currently, two-thirds of its members (23 of 32) have fulfilled this commitment, and will collectively spend $1.47 trillion on defence this year. This is up from just 10 countries meeting the 2 percent guideline in 2023 and three countries meeting the commitment in 2014.