SpaceWar.com - Your World At War
NATO says 22 members hit 2% spending target in 2024
Brussels, Belgium, April 24 (AFP) Apr 24, 2025
NATO on Thursday said 22 of its 32 members hit the defence spending threshold of two percent of GDP last year, as US President Donald Trump pushes to more than double that target.

European countries have ramped up their military budgets since Russia's 2022 invasion of Ukraine and NATO has set two percent as a bottom line for spending.

Ahead of a June summit, Trump is pressuring Washington's allies to go much further and agree to a new goal of spending five percent of GDP -- well above the current US level.

The US president has warned he could refuse to help protect countries that do not spend enough on their own defence.

NATO had earlier forecast that 23 countries would hit the two-percent level in 2024.

Overall spending by European members and Canada rose by more than 19 percent last year, NATO said in its annual report.

Ahead of the summit in the Hague however, several countries that still fall short of the spending target have pledged to step up.

Spain this week said it would invest more than 10 billion euros to hit the two-percent level this year.

The United States remains by far the biggest military spender in NATO. Last year it accounted for 64 percent of all defence expenditure in dollar terms.


ADVERTISEMENT




Space News from SpaceDaily.com
China launches space probe seeking asteroid samples: Xinhua
The hunt for mysterious 'Planet Nine' offers up a surprise
Kymeta and Eutelsat OneWeb deploy dual-orbit SATCOM terminal to support defense networks

24/7 Energy News Coverage
Photon control breakthrough at ultra-low temperatures advances quantum technology
New gravity test using 3D velocities of wide binaries backs modified Newtonian dynamics
EU adopts CO2 targets reprieve for car industry

Military Space News, Nuclear Weapons, Missile Defense
Trump says warned Netanyahu against striking Iran
Iran says may allow US inspectors from nuclear watchdog if deal reached
Merz says Germany, Ukraine to jointly produce long-range weapons

24/7 News Coverage
Synthetic rings imitate plant energy systems with molecular precision
EU and six member states ratify UN treaty on high seas
India's monsoon lashes Mumbai as rains arrive early



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.