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NATO allies will need to spend closer to 3% of GDP on defence, top official says

Reuters WORLD
Published November 25,2024
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NATO allies will need to spend much closer to 3% of their gross domestic product (GDP) on their militaries to implement the alliance's new defence plans, a NATO top military official said on Monday, as costs will surpass the alliance's existing 2% target.

"The overall percentage that is necessary to make the new plans executable is much closer to 3% of GDP than it is to 2%," the Chair of NATO's Military Committee, Rob Bauer, said in Brussels.

"I expect that under the new (Donald) Trump administration (in the U.S.), there will be a much more intense discussion about how much more Europe and Canada need to spend, and that is a healthy and valid discussion to be had."