A NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion. The NATO report said all members are now above the target of allocating at least 2 percent of Gross Domestic Product to military spending, a goal set in 2014 for 2024.
Key takeaways
Quick scan — what you need to know:
- A NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion.
- The NATO report said all members are now above the target of allocating at least 2 percent of Gross Domestic Product to military spending, a goal set in 2014 for 2024.
Background
What led here, in plain terms:
- 2 percent of Gross Domestic Product to military spending, a goal set in 2014 for 2024. A NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion. The NATO…
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Why it matters
Why readers and decision-makers should care:
- A NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion.
- The NATO report said all members are now above the target of allocating at least 2 percent of Gross Domestic Product to military spending, a goal set in 2014 for 2024.