At the NATO summit in The Hague, member nations agreed to a voluntary target of investing 5% of GDP in defense by 2035. This new benchmark significantly expands the scope of NATO’s original 2% guideline and builds on the more recent 3.5% aspiration.
The broader definition includes not only traditional defense spending but also areas such as cybersecurity, intelligence, infrastructure, and industrial capacity.
- The 5% target reflects a more comprehensive understanding of national and collective defense.
- NATO member states will allocate at least 3.5% of GDP annually by 2035 to meet defense targets, with up to 1.5% for security, innovation, and infrastructure protection.
Read more about the defense industry here: https://ow.ly/uev450WkRPT
Source: NATO https://ow.ly/nv5250WkRPS
