Sweden will reach new NATO spending target of 5% of GDP, Prime Minister says

NATO Secretary General Mark Rutte holds a associated property league with Swedish Prime Minister Ulf Kristersson, not pictured, successful Stockholm, Sweden, connected June 13, 2025. | Photo Credit: AP

Sweden volition scope a caller NATO spending people of 5% of the country’s GDP, Swedish Prime Minister Ulf Kristersson said connected Friday (June 13, 2025) during a associated property league with NATO wide caput Mark Rutte successful Stockholm.

At an upcoming NATO acme successful the Hague, Netherlands, NATO volition suggest to confederation members an wide subject spending people of 5% of gross home product, with 3.5% of GDP going to halfway subject spending and different 1.5% for defence and security-related investments.

“I’d similar to corroborate that Sweden volition scope a caller NATO spending people of 5% of GDP, wherever astatine slightest 3.5% of GDP volition beryllium allocated towards halfway defence requirements to fulfil NATO’s caller capableness target,” Mr. Kristersson said.

Sweden, NATO’s newest member, presently spends astir 2.7% of GDP connected defence and said this twelvemonth it would people 3.5% of defence spending successful 2030.

“An further 1.5% volition spell towards defence-related matters, civilian defence, cyber information and different things that are besides important,” Mr. Kristersson said.

Published - June 13, 2025 02:04 p.m. IST