Will NATO spend combined more than $2 trillion on defence by 2028? | Manifold

Will NATO spend combined more than $2 trillion on defence by 2028?

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9

Ṁ287

2028

64%

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Current NATO spending according to Wikipedia is a total of 1.036 trillion. You can see that here:

https://en.wikipedia.org/wiki/Member_states_of_NATO?wprov=sfti1#Military_expenditures

EDIT: Spending as of 2023 is 1.1 trillion:

https://www.nato.int/nato_static_fl2014/assets/pdf/2023/7/pdf/230707-def-exp-2023-en.pdf

This represents 2.5% of combined GDP, which is 49.8 trillion in total.

Resolution criteria are that NATO spending surpasses 2 trillion US Dollars for at least one year before the END of 2028.

If you have any information that might help inform peoples decisions, please post in the comments!

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1.47 trillion for 2024 https://www.statista.com/statistics/1293301/combined-defense-expenditures-nato/

2023 dollars, or nominal dollars?

@EvanDaniel Nominal. Just makes it simpler, and I think either way the amount of time between now and then is nowhere near long enough for the nominal amount to significantly change without real change

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