PARLIAMENTARY WRITTEN QUESTION
Defence: Expenditure (4 November 2024)
Question Asked
To ask the Secretary of State for Defence, if his Department will make an estimate of planned defence spending in the next two years as a share of GDP using NATO's definition of defence expenditure.
Asked by:
Helen Maguire (Liberal Democrat)
Asked by:
Helen Maguire (Liberal Democrat)
Answer
Based on the OBR's latest GDP projections, defence spending is currently expected to be 2.29% of GDP in financial year (FY) 2024-25 and 2.30% in 2025-26. Future FYs' figures are subject to the outcome of the second phase of the Spending Review.
Answered by:
Maria Eagle (Labour)
12 November 2024
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