• Defense Spending of Non-U.S. NATO Members

    From a425couple@21:1/5 to All on Thu Jul 25 14:22:01 2024
    XPost: sci.military.naval, soc.history.war.misc, or.politics

    Very clearly Trump inspired the NATO countries to increase their
    spending on defense!

    from https://www.visualcapitalist.com/visualizing-the-defense-spending-of-non-u-s-nato-members-2012-2024/

    Visualizing the Defense Spending of Non-U.S. NATO Members (2012-2024)
    Published 2 weeks ago on July 13, 2024
    By Marcus Lu
    Article/Editing:
    Bruno Venditti
    Graphics/Design:
    Anna Diederichs
    See this visualization first on the Voronoi app.

    This graphic visualizes the annual percentage change in defense
    expenditure among NATO members (excluding the U.S.).

    USE THIS VISUALIZATION

    Defense Spending of Non-U.S. NATO Members (2012-2024)
    This was originally posted on our Voronoi app. Download the app for free
    on iOS or Android and discover incredible data-driven charts from a
    variety of trusted sources.

    Non-U.S. members of the North Atlantic Treaty Organization (NATO) have increased their expenditure on defense, with a big spike after the
    Russian invasion of Ukraine in 2022.

    This graphic visualizes the annual percentage change in defense
    expenditure among NATO members (excluding the U.S.) since 2012 in real
    terms. Data is from NATO.

    Non-U.S. NATO Members are Ramping Up Defense Spending
    NATO members have significantly increased their defense spending over
    the past two years, likely due to the ongoing conflicts in Ukraine and,
    more recently, in Israel.

    Twenty-three of NATO’s 32 members are now meeting the minimum level of
    annual defense spending (2% of GDP) stipulated for countries in the
    alliance. This is up significantly from 10 member countries in 2023.

    Year Change (%)
    2012 -2.7
    2013 -1.3
    2014 -0.9
    2015 1.6
    2016 3.0
    2017 5.9
    2018 4.2
    2019 3.6
    2020 4.7
    2021 2.5
    2022 3.7
    2023e 9.3
    2024e 17.9
    Estimates for 2023 and 2024. All percentages are inflation-adjusted
    using 2015 prices as base year.

    The majority of these expenditures will finance troops. It also includes payment of pensions, expenditures for peacekeeping and humanitarian
    operations, and investment in research and development (R&D).

    Despite the growth in expenditures by non-U.S. members, America is still
    the most significant contributor to NATO’s budget. In 2023, the U.S. accounted for $860 billion spent by member countries in the
    organization, representing 68% of the total expenditure. This amount is
    over 10 times more than that of the second-placed country, Germany.

    If you enjoy posts like these, check out Breaking Down $1.3T in NATO
    Defense Spending, which visualizes the expected defense expenditures of
    NATO members in 2023.

    Enjoying the data visualization above?

    also, from https://posts.voronoiapp.com/geopolitics/Non-US-NATO-Members-are-Ramping-Up-Defense-Spending---1700

    Non-U.S. NATO Members are Ramping Up Defense Spending 🪖
    Visual Capitalist's photo
    Visual Capitalist
    July 6, 2024
    Non-U.S. NATO Members are Ramping Up Defense Spending 🪖
    What We’re Showing
    This graphic visualizes the annual % change in defense expenditure among
    NATO members (excluding the U.S.).

    Key Takeaway
    NATO members have significantly increased their defense spending over
    the past two years, likely due to the ongoing conflicts in Ukraine,
    Israel, etc.

    Fact
    23 of NATO’s 32 members are now meeting the minimum level of annual
    defense spending (2% of GDP). This is up significantly from 10 members
    in 2023.

    Dataset
    Year Change (%)
    2012 -2.7
    2013 -1.3
    2014 -0.9
    2015 1.6
    2016 3.0
    2017 5.9
    2018 4.2
    2019 3.6
    2020 4.7
    2021 2.5
    2022 3.7
    2023e 9.3
    2024e 17.9
    Data sources https://www.nato.int/nato_static_fl2014/assets/pdf/2024/6/pdf/240617-def-exp-2024-en.pdf?utm_source=chartr&utm_medium=email&utm_campaign=chartr_20240619
    Visual Capitalist's photo
    Visual Capitalist
    @visualcapitalist
    Data-driven visual content focused on global trends, investing,
    technology, and the economy. Data > Opinion.

    7881 Followers • 802 Posts
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