The spending figures included in the think tank’s newly published Military Balance report also show that in real-terms, Russia’s military expenditure increased by over 40 percent in 2024.

Russia's defense spending has surged past that of all European nations combined, according to a new study, fueling concerns ...

The rate of growth for Russia’s military spending outpaced all other European countries combined in 2024 as its invasion of ...

The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line with U.S. President ...

BRUSSELS — As Defense ... spending target will be more difficult for some NATO countries than for others. Some aren’t even meeting the current 2 percent goal. Spending as a share of GDP ...

Since 1995, the rest of the world has spent a fairly stable share of GDP on the military. Combining the two previous charts, it is clear that changes in spending as a percentage of GDP have buoyed ...

Like traders in a souk, politicians keep tossing out new spending targets: 2%, 3% or even 5%. The decisive factor, however, ...

said earlier this week that NATO would push toward a defense spending target of 3 percent of GDP, and the German military had a "lot of old equipment that we have to replace." German Chancellor ...

the chairman of the House panel, said Wednesday. “Yet today, U.S. defense spending as a percentage of GDP is at its lowest level since before World War II. This is not enough to deter our ...

A chart showing defense spending as a share of GDP, Russia and select NATO countries NATO Secretary-General Mark Rutte and UK Prime Minister Keir Starmer’s presence at the EU summit suggests the ...