Spain will not meet the military spending committed to NATO for another eight years.
Pedro Sánchez's plans include starting now to increase investment in defense and completing it in 2029, five years after the deadline set by the allies a decade ago and which they have reaffirmed at this Madrid summit.
The objective is to dedicate 2% of the GDP of each country to Defense.
It was approved in 2014, it should be reached in 2024 and Spain is going to fail to comply.
Successive governments, including the current one, have never faced an increase in military spending, in such a way that Spain occupies the last position in all of NATO, only ahead of Luxembourg, which does not have a proper army.
According to Alliance statistics, Spain spends 1.01% of GDP on Defense, just over 13,000 million euros, and will have to increase that amount above 20,000 million.
Sánchez has explained that he will take this objective to Congress, within a defense pact that will most likely also include the sending of two new US destroyers to the Rota naval base.
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Ministry of Defence
NATO
GDP
Pedro Sanchez
USA