SHS Web Conf.
Volume 57, 2018The 10th Jubilee Scientific Conference – InfoGlob 2018
|Number of page(s)||13|
|Section||Sustainable Development and Socio-Economic Development|
|Published online||26 November 2018|
NATO defense expenditures in 1949-2017
University of Bialystok, Faculty of Economics and Information Technology in Vilnius, 76 Naugarduko St., 03-202 Vilnius, Lithuania
* Corresponding author: firstname.lastname@example.org
The article presents the development of the issue of expenditure on the defense of NATO countries. The amount of these expenditures of NATO countries compared to GDP, absolute values and their share in public spending were analyzed. In the years 1949-1992, all NATO countries (except Luxembourg) had defense spending above 2% of GDP. Changes in the international situation at the end of the 20th century in Europe caused a decrease in defense spending below 2% of GDP in the period between 1993 and 2017. Despite the decisions taken in 2006 and 2014, only 5 countries now fulfil this condition. US expenditures in the studied period accounted for 65.5% of the NATO budget.
© The Authors, published by EDP Sciences, 2018
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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