Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria meets NATO's target of spending at least 2% of GDP on defense

Mark Rutte
Photo: BTA-archive

In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each member state to spend at least 2% of its GDP on defense. Back in 2024, NATO members agreed to commit t least 2% of their GDP on defense following Russia’s annexation of Crimea.

According to the report, Bulgaria's GDP for 2024 is USD 108.425 billion, which translates to USD 14,200 per capita, meaning USD 289 per person was spent on defense. 16 NATO countries spend more than Bulgaria on defense. Bulgaria’s defense spending is on par with Albania. Poland is NATO’s biggest defense spender- 4.07% of the GDP. Spain is the alliance's lowest defense spender, setting aside just 1.28% of its GDP on the military in 2024. The Unites States spend 3.19% of its GDP on defense, reports the BNR’s correspondent in Brussels Angelina Piskova.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast for May 15: Sun in the morning, cumulus clouds in the afternoon

During the night, the skies will clear across the entire country. The weather will be calm in most places. There will be a light to moderate southerly and southwesterly wind in Eastern Bulgaria. The lowest temperatures will range between 4°C and..

published on 5/14/25 6:35 PM

The protest of Sofia's public transport workers will continue indefinitely

The protest of the workers in Sofia's public transport, which has blocked the capital since the morning, is still ongoing , the chairman of the Federation of Transport Unions in the Confederation of Bulgarian Trade Unions Alexander Shopov told Radio..

published on 5/14/25 5:30 PM

63% of Bulgarians support the idea of ​​a referendum on the euro: Myara agency survey

The idea of ​​a referendum on the euro is supported by 63.3% of Bulgarians and 35.3% are "against". This is shown by an independent poll by the Myara sociological agency conducted in the period 10-13 May among 803 people and representing the opinions..

published on 5/14/25 4:57 PM