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yesterday

NATO Sets New 5% Defense Spending Goal by 2035

Some members signal difficulty reaching the 5% goal, prompting a scheduled 2029 review to adjust spending paths.

Russia's Foreign Minister Sergei Lavrov speaks during a joint press conference with Laos's Minister of Foreign Affairs Thongsavanh Phomvihane following their meeting in Moscow, Russia June 26, 2025. Alexander Zemlianichenko/Pool via REUTERS
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Spanish Prime Minister Pedro Sanchez attends a press conference at a NATO summit in The Hague, Netherlands June 25, 2025. REUTERS/Claudia Greco
Italian Prime Minister Giorgia Meloni speaks to the media at a NATO summit in The Hague, Netherlands June 25, 2025. REUTERS/Claudia Greco

Overview

  • NATO members pledged to raise defense spending to 5% of GDP by 2035, more than doubling the alliance’s 2014 commitment of 2%.
  • The agreement specifies a minimum 3.5% of GDP for core military capabilities and up to 1.5% for security-related infrastructure, cybersecurity and civil resilience.
  • Prime Minister Pedro Sánchez said Spain will not meet the 5% target and regards the 2% benchmark as sufficient.
  • Turkey, already surpassing the 2% goal, endorsed the new spending target and plans to bolster its air defense network and missile capacities.
  • President Donald Trump hailed the outcome as a “big win” for Western security and is set to urge South Korea and Japan to follow NATO’s spending increase.