Analysis

Spain’s defense spending: Little chance of reaching the NATO target

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Published: February 18th, 2025,
Last updated: March 6th, 2025

Spain’s Prime Minister Pedro Sánchez has announced military spending of two percent by 2029.
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Spain is far from reaching the NATO targets for defense spending. At 1.28 percent of GDP, Spanish military spending is below the two percent agreed in 2014 and far from the five percent demanded by US President Donald Trump. Nato Secretary General Mark Rutte has called on the allies to reach the two percent target this summer.

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Nato EU Spain