Market
What percentage of GDP will Lithuania spend on defense in 2026?
2
Resolution / Starting Odds
5% • 25%
5.5% • 25%
6% • 25%
Other • 25%
Lithuanian government budget reports and official GDP statistics
Story
Lithuania to Increase Defense Spending to 5-6% of GDP from 2026-2030, Urges NATO Allies
Jan 17, 2025, 10:56 AM
Lithuania has committed to increasing its defense spending to between 5% and 6% of its GDP from 2026 to 2030, a decision made by the State Defense Council. This move is seen as a response to the heightened security concerns due to the ongoing war in Ukraine and is intended to bolster the country's military capabilities. The announcement comes amid calls from U.S. President Donald Trump for NATO members to increase their defense budgets, with some suggesting targets as high as 3.5% to 5% of GDP. Lithuania's Foreign Minister Kęstutis Budrys has urged other NATO allies to follow suit, emphasizing the need for bold leadership in these challenging times.
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