The NATO Members and the Budget Guidelines in the Final Year: 2024

Authors

  • Herman Matthijs University of Ghent (Universiteit Gent)

DOI:

https://doi.org/10.14738/assrj.118.17443

Keywords:

Defence budgets, NATO members, Wales guidelines

Abstract

This study examines the defence expenditures of the NATO (North Atlantic Treaty Organisation) member countries over the period 2014-2024 and this in relation to the NATO 2014 summit decision of Wales. The research of this article is to examine the following points: How has defence spending by the member states evolved in the period under consideration (2014 – 2024) and more specifically the evolution to the 2% GDP (Grand Domestic Product) military expenditures; Which states already meet the second target of the 2014 Wales summit, namely: the 20% investment in equipment of the national military budget. The current figures are based on the primary budgetary sources as published by the NATO, namely: the defence expenditures of NATO countries (2014-2024). (see references).

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Published

2024-08-25

How to Cite

Matthijs, H. (2024). The NATO Members and the Budget Guidelines in the Final Year: 2024. Advances in Social Sciences Research Journal, 11(8), 303–311. https://doi.org/10.14738/assrj.118.17443

Issue

Vol. 11 No. 8 (2024): Advances in Social Sciences Research Journal

Section

Articles

License

Copyright (c) 2024 Herman Matthijs

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