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- £53.9 billionHow much does the UK spend on defence? In the 2023/24 financial year, the UK spent £53.9 billion on defence. Spending plans set out in the 2024 Autumn Budget show that defence spending is expected to total £56.9 billion in 2024/25, increasing to £59.8 billion in 2025/26.
commonslibrary.parliament.uk/research-briefings/cbp-8175/ UK defence spending - House of Commons Library
Real-terms defence spending fell by 22% between 2009/10 and 2016/17 (from £57.1 billion to £44.6 billion in 2023/24 prices), before starting to … See more
In the 2023/24 financial year, the UK spent £53.9 billion on defence. Spending plans set out in the 2024 Autumn Budgetshow that defence spending is expected to total £56.9 billion in 2024/25, increasing to £59.8 billion in 2025/26. This is equivalent to an annual average … See more
As a member of NATO, the UK is committed to spending 2% of GDP on defenceeach year. It is one of 23 out of 32 NATO member countries estimated to have met this target … See more
We spent £52.8 billion on defence in 2022/23, rising to £54.2 billion in 2023/24. For 2024/25, our core budget of £51.7 billion combined with assumed additional funding from the Treasury...
MOD departmental resources: 2024 - GOV.UK
Nov 28, 2024 · Defence spending (Resource DEL plus Capital DEL minus Depreciation) in 2023/24. This is a nominal increase of £1.1 billion from 2022/23, although when adjusted for inflation represents a...
U.K. Military Spending/Defense Budget 1960-2025 - Macrotrends
U.K. military spending/defense budget for 2022 was $68.46B, a 1.43% increase from 2021. U.K. military spending/defense budget for 2021 was $67.50B, a 15.72% increase from 2020. U.K. …
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UK defence spending
Spending plans set out in the 2024 Autumn Budget show that defence spending is expected to total £56.9 billion in 2024/25, increasing to £59.8 billion in 2025/26. This is equivalent to an …
MOD report details defence £37bn contract spend and …
Oct 3, 2024 · The Ministry of Defence (MOD) has published its 2024 Finance and Economics Statistical Bulletin, revealing a total of £37.6 billion in defence expenditure for 2023/24. This marks an increase of £4.6 billion from the …
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MOD Departmental resources: 2023 - GOV.UK
Nov 30, 2023 · Defence spending (Resource DEL plus Capital DEL minus Depreciation) in 2022/23. This is an increase of £6.9 billion from 2021/22, which when adjusted for inflation is a 7.8% increase.
UK defence spending: explained – Full Fact
Jul 16, 2024 · How much does the UK currently spend on defence? In the most recently completed financial year (2023/24), the UK's defence budget was £54.2 billion, up from £52.8 billion in 2022/23. According to figures published by the …
Britain to boost defence budget by £2.9bn - UK Defence Journal
Oct 30, 2024 · The Ministry of Defence (MoD) is set to receive a £2.9 billion increase in its budget, announced by Chancellor Rachel Reeves in her first budget speech. The Labour government …
UK defence spending 2024 | Statista
Aug 26, 2024 · In 2023/24, the United Kingdom spent approximately 56.8 billion British pounds on defense, compared with 59 billion pounds in the previous year. This was the highest defense spending...
UK defence spending to rise by 0.01% of GDP by 2026
Nov 14, 2024 · The increase in the UK’s defence budget follows an announcement by Chancellor Rachel Reeves, who confirmed a £2.9 billion rise in the Ministry of Defence’s budget, as part …
UK boosts defence budget by 5.3%, but is this enough?
Oct 30, 2024 · The UK’s defence budget for the 2023/24 FY was £54.2 billion and this increase takes spending to £57.1 billion and 2.3% of GDP.
UK military budget must rise by 56%, Ministry of Defence …
Dec 19, 2024 · The UK needs to spend 3.6 per cent of GDP on defence if it wants to modernise its military while protecting its nuclear deterrent and meeting Nato obligations, according to internal...
UK Defense Spending Hits Record $31.5 Billion - The Defense Post
Feb 12, 2024 · The UK Ministry of Defence has revealed that Britain has spent more than 25 billion pounds ($31.5 billion) on defense, according to official 2022/2023 statistics. The figure …
UK 'unready for war' with tank and ship shortage as spending …
Jan 27, 2025 · Ex-military leaders also say that current UK defence spending is unlikely to cover a Ukraine peacekeeping mission for more than a year – with the Armed Forces lacking soldiers, …
Military expenditure (% of GDP) - United Kingdom | Data - World …
Military expenditure (% of GDP) - United Kingdom from The World Bank: Data. Free and open access to global development data. Data. ... Military expenditure (current USD) Military …
UK defence spending: 2.5% of GDP target - House of Lords Library
Oct 28, 2024 · NATO guidelines suggest each member state should spend at least 2% of their gross domestic product (GDP) on defence. In line with pledges made by the previous …
The UK Is Boosting Defence Spending. But Will It Boost Defence?
Apr 26, 2024 · The UK Prime Minister recently announced a defence spending increase to 2.5 percent of GDP by 2030. The announcement sends important signals about the United …
What is the current state of the British armed forces? - UK News
Jan 31, 2023 · In 2021, the UK spent 2.2% of its Gross Domestic Product on defence, amounting to about £45.9bn. However, this number has fallen since the mid-1950s. In the financial year …
Where does the British defence budget actually go? - UK …
Aug 5, 2024 · “The Government is fully committed to spending 2.5% of GDP on defence as soon as possible. The Government will set out a clear path to 2.5% at a future fiscal event,” stated …
UK defence: No credible Government plan to deliver desired …
Mar 8, 2024 · The Ministry of Defence (MoD) has not credibly demonstrated how it will manage its funding to deliver the military capabilities the Government wants. In a report published today, …
EU defence in numbers - Consilium
Jan 28, 2025 · How much are EU member states spending on defence? How much of the EU budget is spent on defence? ... The European Union has allocated €16.4 billion (in current …
£4.5 billion military boost to Ukraine front line to support UK …
Jan 16, 2025 · This year the UK will give more military support to Ukraine than ever before, with £3 billion already committed for lethal aid, and the first £1.5 billion from a £2.26 billion loan as …
Sir Keir Starmer to urge EU nations to 'shoulder more of the …
5 days ago · The UK government currently spends around 2.3% of GDP on defence. The prime minister's call comes as Donald Trump repeats his demand for NATO allies to spend at least …
Ministers will always spend enough on defence, No 10
Jan 8, 2025 · The UK currently spends 2.3% of GDP on defence and is committed to raising this to 2.5%, while America spends some 3.4% of GDP. ... and that’s why the Budget increased …
Britain slips to third biggest defence spender in NATO - UK …
Jul 11, 2023 · United Kingdom: The UK has seen a relatively modest increase in defence spending, moving from $65.7 billion in 2014 to an estimated $65.8 billion in 2023, placing it …
Defenceless Britain: Labour’s defence spending dilemma - New …
4 days ago · Without a stronger UK defence posture, there will be no more grand dinners at the Palais d’Egmont urging other nations to shoulder the burden in the fight against Russia; no …
Britain must decide if it is to remain a serious player on defence
Jan 31, 2025 · Opinion UK defence spending. ... The government refuses to say when it will meet its target of raising defence spending from 2.3 per cent to 2.5 per cent, fearing unpopular deep …
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