Nato-qualifying UK defence spending

£bn, and as % of GDP in brackets

£64.6bn

(2.32% of GDP)

2024-25

67.5

(2.35%)

2025-26

71.0

(2.38%)

2026-27

74.5

(2.41%)

2027-28

78.2

(2.44%)

2028-29

82.5

(2.47%)

2029-30

£87.1bn

(2.50%)

2030-31

£bn, and as % of GDP in brackets

£64.6bn

(2.32% of GDP)

2024-25

67.5

(2.35%)

2025-26

71.0

(2.38%)

2026-27

74.5

(2.41%)

2027-28

78.2

(2.44%)

2028-29

82.5

(2.47%)

2029-30

£87.1bn

(2.50%)

2030-31