By Joe Gerrard • Published: 19 Mar 2019 • 15:30
SPAIN is among the NATO members that spends the least on defence as a proportion of economic output (GDP), according to estimates from the organisation.
NATO found Spain spent the equivalent of 0.93 per cent on their defence budgets in 2018. Belgium spent the same proportion and both countries came ahead of Montenegro which recently joined the alliance.
The US spent the equivalent of 3.39 per cent of its GDP while Britain, Poland, Latvia, Greece and Estonia spent around 1.5 per cent.
It comes as NATO’s European members agreed to raise defence spending to2 per cent of GDP by 2024.
The pledge came in response to calls from the Trump administration in the US for other NATO members to shoulder more of the burden for funding NATO’s collective military capabilities.
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