The 5 best defense expenditures in NATO were unveiled with an alliance that raises spending goals

the North Atlantic Treaty Organization (NATO) held its annual summit last week, and the commitment of all members of the Defense Alliance to increase defense spending above the previously agreed threshold.

In 2014, NATO members unanimous Collective defense Responsibilities. The 2 % threshold was scheduled to be met by 2024 and made a response to the first invasion of Ukraine in Russia in 2014.

At a meeting last week, almost all NATO members agreed to raise the goal of defense spending to 5 % by 2035, with this number including basic defense requirements as well as defense and security spending, with 3.5 % of the basic defense requirements to achieve NATO goals. A NATO member, Spain, chose from the new threshold, saying that he could fulfill his military requirements by NATO by spending only 2.1 % of GDP.

While all NATO members do not pay the original 2 % of defensive spending as a percentage of GDP by last year 2024, the record number does so. With all 32 NATO members agreed to the new 5 % threshold over the next decade, enhancing the financial commitment to the alliance to defensive spending.

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Below are the five best countries with the highest defensive spending as a percentage of GDP, according to the data issued by NATO for the year 2024:

#5) Greece

Greece Military spending 3.08 % of GDP reached 2024, based on NATO numbers estimated last year.

The Greek defense budget was higher than a 2 % threshold every year since 2014 and reached its highest level by 3.88 % in 2022 before a decrease less than 3 % in 2023, before the recovery last year.

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#4) Latvia

Defense spending by Latvia represents 3.15 % of GDP of the Baltic nation in 2024, according to NATO.

The country has made great steps in increasing its spending over the past decade, as it was only 0.94 % of GDP in 2014 and then exceeded a 2 % threshold in 2018.

#3) USA

American defense spending It was 3.38 % of GDP in 2024, based on NATO characters. American defensive spending was above 3 % since NATO invented a 2 % threshold in 2014, when it was 3.71 %.

In terms of the dollar, the United States spends largely to defend NATO members. The coalition report from last year showed the US spending 967 billion dollars on defense and relevant expenditures in 2024, while the closest member of Germany is $ 97 billion (or 2.12 % of German GDP).

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#2) Estonia

Defense spending in Estonia increased to 3.43 % of GDP in 2024, the highest level in at least a contract in the NATO report.

The Baltic nation was just less than a 2 % threshold at a time when it was agreed on the 2014 commitment, but it achieved the threshold the following year and moved above 3 % in 2023 for the first time in the tracking period.

#1) Poland

Poland defensive spending As a share of GDP was the highest among NATO members in 2024, reaching 4.12 % of GDP.

Polish defensive spending was at 1.88 % of GDP in 2014, but it quickly moved over a 2 % threshold in the following year and rose to 3.26 % by 2023 before last year.

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