Countries in the European Union spent the vast majority of their national defense budgets on military defense, with this being a consistent trend over the entire period from 2001 up to the present period. The monetary value of defense spending in the EU has risen consistently over this period, from a little over 113 billion Euros in 2001, to approximately 204 billion in 2022. This amount still falls far below the guideline target from NATO and the European Defense Agency of two percent of GDP annually.
Annual military expenditure in the European Union from 2001 to 2022, by function
(in million euros)
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Eurostat. (April 22, 2024). Annual military expenditure in the European Union from 2001 to 2022, by function (in million euros) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/
Eurostat. "Annual military expenditure in the European Union from 2001 to 2022, by function (in million euros) ." Chart. April 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/
Eurostat. (2024). Annual military expenditure in the European Union from 2001 to 2022, by function (in million euros) . Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/
Eurostat. "Annual Military Expenditure in The European Union from 2001 to 2022, by Function (in Million Euros) ." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/
Eurostat, Annual military expenditure in the European Union from 2001 to 2022, by function (in million euros) Statista, https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/ (last visited November 22, 2024)
Annual military expenditure in the European Union from 2001 to 2022, by function (in million euros) [Graph], Eurostat, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1393692/eu-military-defense-expenditure-by-function/
