NATO's road to the 5%

Current defence spending as a percentage of GDP (%) and total expenditure in millions of US dollars, including projected figures based on the 5% GDP defence targets.

The GDP figures are based on reported 2024 data, adjusted to reflect each country's commitment to the 2% defence spending pledge in 2025. Million US dollars, based on 2021 prices and exchange rates. Although Iceland is a member of the alliance, no data is available because it does not have a standing army.
Chart: Miriam Sáenz de TejadaSource: NATOCreated with Datawrapper