The military budget of NATO in 2017, $946 billion

© AFP 2017 / Virginia Mawawala headquarters of NATO in BrusselsThe military budget of NATO in 2017, $946 billion© AFP 2017 / Virginia Mayo

The total defense budget of 29 countries-members of NATO in 2017 will be almost 946 billion, while the US will spend on defence 683,4 billion dollars, the report says NATO’s defence spending of NATO countries for the 2010-2017 years.

On Wednesday, NATO Secretary General Jens Stoltenberg told reporters that the military spending of member countries of the Alliance are growing for the third consecutive year, and in 2017, according to preliminary estimates, their growth will be 4.3%.

According to data provided by the Alliance on Thursday, in 2017 the costs of the countries-members of the Alliance for defense will be 945 962 million USD vs 920 114 million in 2016. Least of all in the defense puts the youngest member of NATO — Montenegro, which in 2017 intends to spend on military needs $ 72 million. It is followed by Albania with a budget of 152 million dollars and Luxembourg, highlighting the defense 278 million dollars.

More than two thirds of total defence spending is the budget of the United States, which will grow from 664 058 million dollars in 2016 to 683 414 million in 2017. Second place is Britain, the military budget which in 2016 was 56 $ 964 million, and in 2017 will drop to 54 863 million dollars. Third place is France, defense spending which will increase from 44 191 million dollars in 2016 to 44 333 million dollars in 2017.

Pioneers in the raising of defense spending are Latvia, Lithuania and Romania. If in 2010 their military budgets were, respectively, 1.06% and of 0.88% and 1.24% of their GDP, in 2017, they should rise to 1.7%, 1.77%, 2.02 percent. Thus, Romania in 2017 will be among the countries that have reached the established Alliance of the bar of 2% of GDP.

More than 2% of GDP on defense allocate U.S. (up 3.58% in 2017), UK (2,14% in 2017), Greece (2.32% in 2017), Poland (2,01% in 2017) and Estonia (2,14% in 2017). At least all the faithful obligations in Luxembourg (0.44 percent in 2017), Belgium (0,91% in 2017) and Spain (0.92% in 2017).

NATO countries in 2014 at the summit in Wales has committed for 10 years to increase defence spending to 2% of GDP, however, these efforts gave the election Donald trump President of the United States. During the election campaign and after winning the election, trump criticized NATO allies for what they are not deducted on the defense. At its first Ministerial meeting in February, the U.S. Secretary of defense James Mattis called on partners to increase funding for defense purposes, if they don’t want the obligations of the United States before the Alliance became more modest. With similar claims made by U.S. Secretary of state Rex Tillerson at the Ministerial meeting in late March.

Fulfilling the requirements of the States and decisions taken in Wales, the allies at a summit in Brussels in may of 2017 decided to compile annual national plans for increasing investment in defense. In them, member countries will indicate how they intend to raise defence spending to 2% of GDP, to invest in essential facilities and to participate in NATO operations. The first series of reports on the implementation of these plans will be ready by December, and in February 2018 examined by the defence Ministers of member countries of the Alliance.

Source