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 NATO boosts defence spending infographic
Graphic shows change in NATO defence expenditure.
GN45942EN

MILITARY

Over 20 NATO allies to hit defence spending target

June 18, 2024 - A record 23 of NATO’s 32 member nations will meet the alliance’s defence spending target this year, NATO Secretary-General Jens Stoltenberg has said.

The estimated figure is a nearly fourfold increase from 2021, when only six nations were meeting the goal. That was before Russian President Vladimir Putin’s full-scale invasion of Ukraine in 2022.

Defense spending across European allies and Canada was up nearly 18% this year alone, the biggest increase in decades, according to NATO’s estimated figures released Monday, AP said.

Sources
PUBLISHED: 18/06/2024; STORY: Graphic News
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