In 2021, Germany was the country in the European Union which spent the greatest amount on military and defense. The 52 billion which it spent, however, amounted to only 1.5 percent of its GDP, short of the two percent target set by NATO. Germany's military spending is likely to rise over the 2020s, as the country adjusts to the geopolitical crisis caused by Russia's war of aggression in Ukraine.
Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021
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European Defence Agency. (December 8, 2021). Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/
European Defence Agency. "Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021." Chart. December 8, 2021. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/
European Defence Agency. (2021). Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/
European Defence Agency. "Annual Defense Spending of Germany in Absolute Terms and as a Share of Gross Domestic Product from 2005 to 2021." Statista, Statista Inc., 8 Dec 2021, https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/
European Defence Agency, Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021 Statista, https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/ (last visited November 09, 2024)
Annual defense spending of Germany in absolute terms and as a share of gross domestic product from 2005 to 2021 [Graph], European Defence Agency, December 8, 2021. [Online]. Available: https://www.statista.com/statistics/1394337/eu-military-defense-german-defense-spending-absolute-gdp/