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What will be the average defense spending increase among European nations by June 30, 2025?
3
Resolution / Starting Odds
No increase • 25%
Up to 0.2% increase • 25%
0.3% to 0.5% increase • 25%
More than 0.5% increase • 25%
Official announcements from European governments or EU bodies
Story
UK to Increase Defense Spending to 2.5% of GDP by Spring 2025 After Trump's Election: Telegraph
Nov 9, 2024, 07:48 AM
Following Donald Trump's election victory, European nations are pledging to strengthen their defense capabilities. The UK, under Prime Minister Keir Starmer, plans to increase defense spending to 2.5% of GDP by spring 2025. This move, reported by the Telegraph, is seen as a gesture to improve relations with Trump, who has previously threatened to pull the US out of NATO unless Europe boosts its own security expenditures. The current UK defense spending stands at approximately 2.2% of GDP. The increase in defense spending is expected to be announced shortly after Trump takes office. Trump's victory is also testing the ability of America's European allies to maintain solidarity and defend their economic interests.
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Increase by over 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No significant increase • 25%
0-10% • 25%
11-20% • 25%
21-30% • 25%
31% or more • 25%
Under 2.0% • 25%
2.0% to 2.5% • 25%
2.5% to 3.0% • 25%
Above 3.0% • 25%
Below 2% • 25%
2% to 2.5% • 25%
2.5% to 3% • 25%
Above 3% • 25%
Germany • 25%
France • 25%
United Kingdom • 25%
Italy • 25%
Germany • 25%
France • 25%
United Kingdom • 25%
Other • 25%
Increase in minimum spending requirement • 25%
Decrease in minimum spending requirement • 25%
No change • 25%
Other major policy change • 25%
Germany • 25%
France • 25%
Poland • 25%
Other • 25%