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Estonia to spend around 4% of GDP on defense

This will happen with the 2026 budget

Aug 11, 2024 16:17 170

Estonia to spend around 4% of GDP on defense  - 1

Estonian Defense Minister Hanno Pevkur says his country's military spending will amount to approx. 4% of the national GDP from 2026. He stated this in an interview with the Welt newspaper.

„Estonia will spend around 4% of GDP on defense from 2026. We recently agreed on a new “security tax” which will be paid by every taxpayer, with some exceptions”, Pevkur said.< /span>

„It is clear that very soon it will not be enough for all NATO countries to invest only 2% of GDP in defense. If we are serious about what NATO's new defense plans require of all members and what military capabilities will be needed in the future, then NATO's previous target of 2% defense spending, which was set in 2014, is irrelevant. says the Estonian minister. . “This is the reality whether we like it or not”, he added