Defence spending in the EU has been rising significantly as global threats intensify, with expenditure almost doubling over the last five years.
The European Defence Agency (EDA) projects that it will reach €392 billion in 2025. In 2020, spending stood at €198bn, making the change a 98% increase in nominal terms. When adjusted for inflation, the rise is 63%, still a substantial surge between 2020 and 2025.
