Defence: Finance
(asked on 13th June 2022) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, if he will set out the NATO definition of UK's defence spending estimates as a percentage of GDP in each year until 2032.
This question was answered on 16th June 2022
The UK is currently the largest European Defence spender in NATO and the second largest in the Alliance overall.
The UK remains committed to spending at least 2% of its GDP on Defence for every year of this parliament and meets both NATO spending guidelines.
Spending beyond the current Parliament will be subject to a further Spending Review.