NATO Agrees to Raise Defence Spending Target to 5% of GDP by 2035 at The Hague Summit:

NATO Agrees to Raise Defence Spending Target to 5% of GDP by 2035 at The Hague Summit:

Daily Current Affairs   /   NATO Agrees to Raise Defence Spending Target to 5% of GDP by 2035 at The Hague Summit:

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Category : International Published on: July 01 2025

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At the 2025 NATO Summit in The Hague, alliance members agreed to a new defence spending target of 5% of GDP, significantly increasing from the current 2% goal. The decision, pushed by U.S. President Donald Trump, will see member nations increase annual defence budgets by hundreds of billions over the next decade.

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