NATO members' military budgets are climbing to record levels amid tensions with Russia and the war in Ukraine. According to data released by NATO, total defense spending by member countries is expected to reach $1.809 trillion in 2026.
This figure represents an increase of about 11 percent compared to the $1.630 trillion spent in 2025. In 2024, total defense spending amounted to $1.483 trillion.
The United States, the alliance's largest military power, will spend $1.033 trillion in 2026, alone accounting for 57 percent of NATO's budget. It is followed by Germany with $147 billion, the United Kingdom with $110 billion, France with $80 billion and Italy with $57 billion.
NATO members in Eastern Europe are also significantly increasing their defense budgets. Poland's spending is projected at $53 billion, while Turkey's defense budget is estimated to reach $48 billion. Canada's spending stands at $52 billion.
When looking at defense spending as a share of national income, the Baltic states lead the way. Lithuania tops the list with 5.33 percent, followed by Estonia with 5.10 percent and Latvia with 4.92 percent. Poland has a ratio of 4.68 percent, and Greece 3.65 percent. Turkey's defense spending as a percentage of GDP is expected to be 2.85 percent.
NATO data shows that in 2026, 17 member countries will meet the target of allocating 1.5 percent of their GDP to defense and security investments.
At a summit held in The Hague last year, alliance leaders agreed that by 2035, members should allocate 3.5 percent of their GDP to core defense spending, and 1.5 percent to areas such as civil preparedness, innovation, critical infrastructure protection, and defense industry support.
While these data were being announced, the 36th NATO Summit is underway in Ankara, the capital of Turkey. The summit, which began on Tuesday, opened with a forum focused on transatlantic production and defense industry investments.