Study Regarding the Defense Expenditure Analysis in Nato

Armed conflicts are a reality of the present world. Military power is an active actor in domestic and international relations. Defense must have the financial allocations necessary to sustain a flexible and modern army. The macroeconomic and geostrategic factors, including the change of power poles from the West to the East, the demographic changes and the limited resources are elements that will deeply reconfigure the trends in military expenditure. This is the case in less developed areas of the world where trends will bring instability and will put additional, internal and external pressure on the challenges of defense and security. NATO countries have assumed the 2% of GDP target for defense expenditure, but are making great efforts to reach this level. In 2016, only 4 out of 29 NATO members, or 14% reached the target of 2% of GDP for military expenditure and 20 out of 29 NATO countries spent less in absolute terms in 2016 compared to 2014