Luxembourg allocated 0.4% of its GDP to defence in 2019 and 2018. Among EU members, only Ireland (0.2% of GDP) dedicated less of its economy to military spending.
Estonia (2.1%), Greece (2%) and Latvia (1.9%) spent the most on defence, Eurostat, the EU’s statistics bureau, on Monday.
Nato members are meant to budget 2% of their economies to military and security. Luxembourg has fallen short of this target for years, which often leads to .
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The country’s military spending has risen slightly in recent years. According to Eurostat, Luxembourg earmarked 0.3% of its GDP on defence from 2013 to 2017.