Germany will hit the NATO spending goal of two percent of GDP for the first time in over three decades, according to a Defense Ministry spokesman commenting on NATO spending on Wednesday. The 2024 forecast of 2.01% of GDP is a 28% increase over 2023 outlays.
In 2024, 18 of 31 NATO (32 if we think Orban will ever be allowed by Moscow to permit a vote on Sweden’s membership by Hungary’s parliament) reached the spending target agreed upon in 2024. This is up from 11 member states reaching the target in 2023. According to preliminary forecasts, the number may grow by one as France is on target to hit the two percent goal in 2024.
FACTSHEET NATO Defence Spending by streiff on Scribd
These increases have been in the works for a couple of years and have nothing to do with Donald Trump’s threats to abandon allies to Putin’s Russia if they don’t meet spending targets. As I noted in my…
