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NATO defence expenditure targets

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NATO

History[edit]

The NATO countries agreed on the 2% target at the NATO summit in September 2014. The United States, Greece, and the United Kingdom were the only NATO members with military expenditure relative to GDP above 2% at that time.[1]

References[edit]

  1. Blum, Johannes; Potrafke, Niklas (5 February 2019). "Does a Change of Government Influence Compliance with International Agreements? Empirical Evidence for the NATO Two Percent Target". Defence and Peace Economics. Taylor & Francis. 31 (7): 743–761. doi:10.1080/10242694.2019.1575141.  This article incorporates text from this source, which is available under the CC BY 4.0 license.


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