Defense spending by NATO countries increased to $1.17 trillion

The 2022 Annual Report of NATO Secretary General Jens Stoltenberg has been published. The report also included information on the defense spending of NATO countries.

Consequently, defense spending, which was $1.15 trillion in 2021, increased to $1.17 trillion in 2022 based on current estimates.

Last year, 7 members met NATO’s goal of allocating at least 2 percent of GDP to defense. These countries were the United States, Greece, Lithuania, Poland, England, Estonia, and Latvia. In 2014, Greece, the US and the UK allocated more than 2% of GDP to defence.

In 2022, Greece spent 3.54% of its GDP, the US 3.46% and Lithuania 2.47%. According to the report, Turkey allocated 1.37 percent of its GDP to defense spending.

At current prices, US first defense spending in 2022 is $821 billion, followed by the UK at $67.7 billion, Germany at $60.9 billion, France at $52.4 billion , Italy with 30.4 billion dollars and 28.1 billion dollars, followed by the Canadian dollar. .

Among the other allies, Poland spent $17.1 billion, the Netherlands $15.6 billion, Spain $14.9 billion, Turkey $11.9 billion, Norway $8.4 billion and Greece $7.8 billion.

The United States got 54 percent of the alliance’s total GDP and 70 percent of its total defense spending.

CALL FOR INCREASED EXPENSES

Secretary General Stoltenberg, at a press conference to promote the report, said that defense spending has increased in Europe and Canada for the eighth consecutive year.

Noting that current spending rose 2.2 percent last year, Stoltenberg recalled that many NATO countries have pledged to seriously increase spending after Russia’s attack on Ukraine.

“Now is the time to translate those promises into real money, contracts and tangible materials,” Stoltenberg said. saying.

“We have to do more, faster.” Stoltenberg said:

“At our summit in Vilnius in July, I hope the allies agree to a new, more ambitious defense investment commitment, provided that at least 2 percent of GDP is invested in our defense. We cannot think that our security is guaranteed in this new and more troubled world”. (AA)