NATO's Nightmare: U.S.-Led Bloc Scrambles To Match Russia's Mighty Military Spending | Key Details
Published on Jul 14, 2023 07:44 pm IST
Russia's defence spending has surged ahead, outpacing key NATO players and creating a significant disparity. According to data from Statista, Russia allocated 4.1% of its GDP to military expenditure in 2022, more than double the NATO target for defence spending among its members. As Russia's military budget continues to rise, the imbalance in defence investment presents a challenge to NATO in the face of the Ukraine war.
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