Olan McEvoy
Research expert covering the European Union for society, economy, and politics.
Get in touch with us nowCountries in the European Union spent the vast majority of their national defense budgets on military defense, with this being a consistent trend over the entire period from 2001 up to the present period. The monetary value of defense spending in the EU has risen consistently over this period, from a little over 113 billion Euros in 2001, to approximately 204 billion in 2022. This amount still falls far below the guideline target from NATO and the European Defense Agency of two percent of GDP annually.
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Contract-based defense budget
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