Fact Check: "Spain allocates only 1.3% of its GDP to defense in 2024."
What We Know
In 2024, Spain's defense spending is reported to be 1.3% of its GDP, making it one of the lowest among NATO members. This figure was confirmed by multiple sources, including a report from Defense News and Reuters, which highlighted Spain's commitment to increase its military budget to meet NATO's target of 2% of GDP by 2025. The Spanish government plans to raise its defense budget significantly, with an increase of €10.5 billion ($12 billion) aimed at bolstering military capabilities and readiness.
Analysis
The claim that Spain allocates only 1.3% of its GDP to defense in 2024 is accurate and supported by credible sources. According to Defense News, this percentage reflects Spain's current military spending level, which has been under scrutiny as the country aims to meet NATO's defense spending guidelines. Furthermore, Reuters corroborates this figure, noting that Spain's defense expenditure is the lowest among NATO allies in 2024.
The reliability of these sources is high, as both are established news organizations with a track record of reporting on defense and international relations. The information provided is consistent across multiple reports, indicating a consensus on Spain's defense spending figures. Additionally, the context of Spain's defense budget increase is tied to broader geopolitical pressures, particularly following Russia's actions in Ukraine, which have prompted many NATO countries to reassess their military expenditures.
Conclusion
Verdict: True
The claim that Spain allocates only 1.3% of its GDP to defense in 2024 is true, based on multiple credible sources confirming this statistic. The Spanish government is indeed planning to increase its military spending to meet NATO's 2% target by 2025, but as of 2024, the allocation remains at 1.3%.
