Will Taiwan's Defence Budget rise to 3% of GDP in 2027?
Will Taiwan's Defence Budget rise to 3% of GDP in 2027?
3
70Ṁ65
2027
73%
chance

Since the 1990s, Taiwan's defence spending has been at a surprisingly low level, given its geopolitical and security situation. However, this trend is ending due to Chinese military spending and aggression.

Here is some reading:

https://www.reuters.com/business/aerospace-defense/taiwan-proposes-129-on-year-rise-defence-spending-2023-2022-08-25/

https://www.taipeitimes.com/News/taiwan/archives/2022/08/10/2003783290

https://digital.lib.washington.edu/researchworks/handle/1773/46343

This question will resolve based on SIPRI's data FOR 2027. Likely there will be a delay of up to a year between closing and resolution.

I have pulled current data from the SIPRI database: here are charts for spending as a percentage of GDP and in real ('21) dollar terms. I've included a range of relevant countries for context and comparison. The numbers for Taiwan are also separately tabulated.

Taiwan
Military
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