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Ministry of Defence budget
£46 billion; FY 2017–18 (≈$64 billion)
en.wikipedia.org/wiki/Ministry_of_Defence_(United_Kingdom)UK defence spending - House of Commons Library
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 real-terms growth rate of 2.3% between 2023/24 … See more
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
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
Learn about the UK's defence spending, capabilities, partnerships and people in this comprehensive booklet. Find out how the UK spends £55.6 billion on defence in 2024/25, …
List of countries with highest military expenditures - Wikipedia
The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates.
The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. The third list is a use…Wikipedia · Text under CC-BY-SA licenseMOD departmental resources: 2024 - GOV.UK
Nov 28, 2024 · The bulletin provides figures on the composition and scope of the Department’s expenditure, including equipment, R&D, operations, and personnel costs. It shows that Defence spending was £53.9 billion in 2023/24, a nominal …
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U.K. Military Spending/Defense Budget 1960-2025 - Macrotrends
See the historical data and trends of U.K. military spending/defense budget from 1960 to 2024, based on NATO definition and World Bank data. Compare U.K. with other countries by military …
UK defence spending: explained – Full Fact
Jul 16, 2024 · How much does the UK spend on defence, and how does it compare with other countries and NATO targets? Find out the latest figures, trends and policies from the government's Strategic Defence Review.
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. The budget is the first by a Labour …
Britain to boost defence budget by £2.9bn - UK Defence Journal
Oct 30, 2024 · The Labour government announced a £2.9 billion increase in the MoD budget in its first budget speech. The funding is intended to support NATO commitments, military aid to …
UK defence spending 2024 | Statista
The UK spent 55.5 billion pounds on defense in 2022/23, the highest level in the past decade. Learn about the factors behind the increase, the NATO target, and the UK's role in the Ukraine war.
UK's Reeves pledges more cash for defence spending | Reuters
Oct 30, 2024 · British finance minister Rachel Reeves said on Wednesday she would provide the defence ministry with an additional 2.9 billion pounds next year and promised an annual 3 …
MOD Departmental resources: 2023 - GOV.UK
Nov 30, 2023 · The bulletin provides figures on the composition and scope of the Department’s expenditure, including equipment, R&D, operations and peacekeeping. Defence spending increased by £6.9 billion in 2022/23, largely …
UK defence spending: 2.5% of GDP target - House of Lords Library
Oct 28, 2024 · The Labour government has committed to raising UK defence spending to 2.5% of GDP, but has not set a specific date or plan. The SDR will determine the roles, capabilities …
Where does the British defence budget actually go? - UK …
Aug 5, 2024 · If you look at UK defence spending in peace time right through the 19th and the first half of the 20th century it’s always been around 2.5% of GDP. Not over spending on the …
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UK defence spending
This briefing provides an overview of UK defence spending, including historical trends, future plans, international comparisons and equipment spending. It also covers the NATO 2% target, …
PM announces ‘turning point’ in European security as UK
Apr 23, 2024 · Prime Minister Rishi Sunak announces the biggest strengthening of the UK’s national defence in a generation, with a fully funded plan to grow the defence budget to 2.5% …
Britain appears to cut defence budget during war in Europe
Mar 8, 2024 · The official budget documents disclosed on Wednesday show that defence spending in the UK is expected to witness a decrease of £2.5 billion in the financial year …
John Healey asked seven times if UK would spend more than …
3 days ago · In an interview on Wednesday, Sky News asked Mr Healey seven times whether the UK would or should increase defence spending beyond 2.5%. Each time, he stuck to the …
Keir Starmer summons UK defence chiefs in tussle over spending
2 days ago · Sir Keir Starmer has summoned defence chiefs for crucial talks over the future shape of Britain’s armed forces as he resists pressure for higher spending given the tight public …
UK defence spending GDP share 2024 | Statista
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 was at its …
What is the current state of the British armed forces? - UK News
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 …
UK Defence Spending Decisions Can’t Wait for the Strategic …
Sep 9, 2024 · If the Spending Review confirms that the UK is on track to be spending 2.5% on defence by 2029/2030, this would entail significantly more funding than would be needed to …
Rishi Sunak vows to boost UK defence spending to 2.5% of GDP …
Apr 23, 2024 · Rishi Sunak has promised billions more for defence to counter threats from "an axis of authoritarian states". The prime minister said UK military spending would rise to 2.5% …
UK Military Chiefs Warn Treasury 2.5% Spending Goal Falls Short
1 day ago · UK defense chiefs have privately warned the government that plans to raise military funding to 2.5% of economic output won’t be enough, as Prime Minister Keir Starmer prepares …
Global defence spending soars to new high - iiss.org
2 days ago · In response to rising threat perceptions, global defence spending rose to USD2.46 trillion in 2024. Countries in Asia, the Middle East and North Africa, and Europe saw major …
How much defence spending stays in the United Kingdom? - UK …
Jan 15, 2025 · In short, due to incomplete data, it’s unclear how much total UK defence spending stays domestically, but of the 19% with a known location, 78% is spent within the UK.
Defense budgets in Europe: An analysis | McKinsey - McKinsey
3 days ago · For example, our calculations estimate that if total defense spending in a given country were to rise from 2.2 to 3.0 percent of GDP (an increase of 36.0 percent), this could …
UK leads major Ukraine Summit and announces £150 million …
2 days ago · UK defence giant BAE Systems has also been awarded a £14 million contract, funded by Sweden and procured through the UK-administered International Fund for Ukraine, …
EU defence in numbers - Consilium
Jan 28, 2025 · Compared to 2022, spending for the purchase of new defence products increased by 19%. 88.2%. of defence investments allocated to the procurement of new defence products …
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