Defence spending will exceed 3 percent of EU member states’ GDP by 2040
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Defense spending is estimated to reach at least 3% of the gross domestic product of the European Union member states by 2040, amid escalating security challenges, which require an increased budgetary effort, shows the Deloitte study “The Future of Defense 2040. Four scenarios for Europe’s future security architecture”. In 2025, the budgets […] The article Deloitte: Defense spending will exceed 3% of EU GDP by 2040 – In 2025 it stood at 2.1% appe…
Defence spending to exceed 3% of EU member states' GDP by 2040 - Deloitte study
Defense spending is estimated to reach at least 3% of the gross domestic product of the European Union member states by 2040, amid the escalation of security challenges, which require an increased budgetary effort, according to the Deloitte study “The Future of Defence 2040. Four scenarios for Europe’s future security architecture”. In 2025, EU member […] The post Defence spending to exceed 3% of EU member states’ GDP by 2040 – Deloitte study ap…
Defence spending will exceed 3 percent of EU member states’ GDP by 2040
Defense spending is estimated to reach at least 3% of the gross domestic product of the European Union member states by 2040, amid the escalation of security challenges, which require an increased budgetary effort, according to the Deloitte study “The Future of Defence 2040. Four scenarios for Europe’s future security architecture“. In 2025, EU member states’ defence budgets reached 2.1% of GDP (around €381 billion), according to the latest data…
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