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. …

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, …

Oct 31, 2024 · In the government’s Autumn Budget, the UK’s core military spending rose to £56.9bn this financial year – 2024-25 – with an additional £2.9bn announced for next year. …

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 …

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 government in …

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 …

Jul 31, 2024 · In 2024, the United Kingdom's defence spending as a share of Gross Domestic Product is estimated to be 2.3 percent. Between 1980 and 2024, the UK's defence spending …

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 …

Military expenditure (current LCU) Military expenditure (% of general government expenditure) Armed forces personnel, total. Arms exports (SIPRI trend indicator values) Arms imports …

Jan 31, 2023 · UK defence spending as a proportion of GDP has halved since the 1980s - leading to a decline in equipment and a drop of one in six military personnel, Sky News analysis has …

Jul 28, 2023 · The ‘refresh’ of the UK’s military strategy 1 – published in mid-July – announced new spending of £2.5 billion, and provided more detail on earlier spending commitments. So, …

Military expenditure (current USD) - United Kingdom Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. License : …

Oct 30, 2024 · The UK government is to spend an additional £2.9 billion (US$3.8 billion) on defence in the next financial year as part of an effort to reach a target of spending 2.5% of …

Military Expenditure in the United Kingdom increased to 74942.80 USD Million in 2023 from 64081.60 USD Million in 2022. United Kingdom Military Expenditure - values, historical data, …

1 day ago · John Healey also failed to guarantee that the UK armed forces would not face further cuts if the government merely sticks to a pledge to inch up the amount of money invested in …

Jan 28, 2025 · The European Union has allocated €16.4 billion (in current prices) to security- and defence-related activities under the multiannual financial framework (MFF) 2021-2027. The …

Feb 4, 2025 · It also comes with a price tag. Senior British military figures, like the Americans, believe Britain must go beyond 2.5 per cent to nearer 3 per cent of GDP – and quickly. In …

2 hours ago · The International Institute for Strategic Studies published its annual Military Balance report on Wednesday. It says global defense spending came to 2.46 trillion dollars in 2024, up …

1 day ago · NATO member states should continue to support Ukraine, increase defence spending and ramp up military production. "We need to take those decisions this year," he said. EU …