{"id":31583,"date":"2019-12-19T03:00:19","date_gmt":"2019-12-19T02:00:19","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=31583"},"modified":"2019-12-18T10:03:29","modified_gmt":"2019-12-18T09:03:29","slug":"new-eda-report-on-defence-expenditure","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/new-eda-report-on-defence-expenditure\/","title":{"rendered":"New EDA Report on Defence Expenditure"},"content":{"rendered":"

The European Defence Agency has published its\u00a0annual Defence Data report for the year 2018, detailing spending by the 27 EDA Member States.<\/strong><\/em><\/p>\n

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Total defence expenditure stands at \u20ac223 billion, representing a 3% increase on 2017\u00a0 and marks the fifth consecutive year of increased defence spending. EDA\u2019s report also finds that Member States are not meeting spending commitments in key areas.<\/p>\n

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Total defence expenditure returns to pre-financial crisis levels<\/h3>\n<\/div>\n
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The year\u2019s report finds that overall defence spending by the 27 EDA Member States has almost returned to pre-financial crisis levels, \u20ac225 billion in 2007 compared to \u20ac223.4 billion in 2018. This level of spending represents 1.4% of GDP and 3.1% of total government expenditure. Although overall spending fell by 11% between 2007 and 2013, since 2014 Member States defence expenditure is increasing in line with economic growth.<\/p>\n<\/div>\n

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Shortfalls on collective spending commitments<\/h3>\n<\/div>\n

Despite the rise in total defence expenditure, spending on fulfilling collective benchmarks has failed to keep pace. Spending on areas where collective benchmarks have been agreed namely: Defence Investment; Defence Research and Technology; European Collaborative Defence Equipment Procurement; and European Collaborative Defence R&T all still remain below 2008 levels. EDA\u2019s report provides detailed analysis of how current spending relates to these four collective benchmarks agreed at the EDA Steering Board in 2007, as follows:<\/p>\n