{"id":1477462,"date":"2024-07-15T08:15:00","date_gmt":"2024-07-15T12:15:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1477462"},"modified":"2024-07-15T08:15:00","modified_gmt":"2024-07-15T12:15:00","slug":"visualizing-the-surge-in-defense-spending-of-non-us-nato-members","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/visualizing-the-surge-in-defense-spending-of-non-us-nato-members\/1477462\/","title":{"rendered":"Visualizing The Surge In Defense Spending Of Non-US NATO Members"},"content":{"rendered":"

Visualizing The Surge In Defense Spending Of Non-US NATO Members<\/span><\/p>\n

\n

Non-U.S. members of the North Atlantic Treaty Organization (NATO) have increased their expenditure on defense, with a big spike after the Russian invasion of Ukraine in 2022.<\/p>\n

This graphic, via Visual Capitalist’s Marcus Lu,<\/a> visualizes the annual percentage change in defense expenditure among NATO members (excluding the U.S.) since 2012 in real terms.<\/p>\n

<\/a><\/p>\n

Data is from\u00a0NATO<\/a>.<\/em><\/p>\n

Non-U.S. NATO Members are Ramping Up Defense Spending<\/h2>\n

NATO members have significantly increased their defense spending over the past two years, likely due to the ongoing conflicts in Ukraine and, more recently, in Israel.<\/p>\n

Twenty-three of NATO\u2019s 32 members are now meeting the minimum level of annual defense spending (2% of GDP) stipulated for countries in the alliance. This is up significantly from 10 member countries in 2023.<\/p>\n

<\/a><\/p>\n

Estimates for 2023 and 2024. All percentages are inflation-adjusted using 2015 prices as base year.<\/em><\/p>\n

The majority of these expenditures will finance troops. It also includes payment of pensions, expenditures for peacekeeping and humanitarian operations, and investment in research and development (R&D).<\/p>\n

Despite the growth in expenditures by non-U.S. members, America is still the most significant contributor to NATO\u2019s budget. In 2023, the U.S. accounted for\u00a0$860 billion<\/strong>\u00a0spent by member countries in the organization, representing 68% of the total expenditure. This amount is over 10 times more than that of the second-placed country, Germany.<\/p>\n

If you enjoy posts like these, check out\u00a0Breaking Down $1.3T in NATO Defense Spending<\/a>, which visualizes\u00a0the expected defense expenditures of NATO members in 2023.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nMon, 07\/15\/2024 – 04:15<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/military\/visualizing-surge-defense-spending-non-us-nato-members<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

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