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Monday, December 23, 2024

Slovenia’s defence spending still among lowest in NATO

By: J.S., STA

Slovenia is still among the NATO countries with the lowest defence spending. It ranks 25th in terms of efforts to have 2% of GDP allocated for defence and 26th when it comes to defence investments, Defence Minister Matej Tonin said after a NATO ministerial.

This year, Slovenia will allocate 1.3% of GDP for defence and in 2023 and 2024 this will rise to 1.4% and 1.5%, respectively. As for the goal of having 20% of defence money spent on investment, Slovenia increased the share from 5% to 17% last year. This year, this is to rise to 22%.

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