Headlines

NATO's Rutte wants 2032 deadline for new defence spending goals, Dutch PM says

Published by Global Banking & Finance Review

Posted on May 9, 2025

2 min read

· Last updated: January 23, 2026

Add as preferred source on Google
Founders of The Entertainer toy chain hand over control to workers - Global Banking & Finance Review
Image depicting the founders of The Entertainer, Gary and Catherine Grant, announcing the transition of their toy retailer to employee ownership, emphasizing the significance of this move in the finance sector.
Global Banking & Finance Awards 2026 — Call for Entries

NATO Sets Ambitious 2032 Defence Spending Targets

(Reuters) - NATO Secretary General Mark Rutte has proposed that alliance members meet higher targets for defence spending by 2032, Dutch Prime Minister Dick Schoof said on Friday.

Reuters reported last week that Rutte had proposed NATO members raise defence spending to 3.5% of their GDP, and a further 1.5% on broader security-related items to meet U.S. President Donald Trump's demand for a 5% target.

Speaking to reporters after a cabinet meeting, Schoof confirmed those figures, which would represent a major increase from the current NATO goal of spending 2% of GDP on defence.

NATO aims to agree the new targets at a summit of alliance leaders including Trump, in The Hague, on June 24-25.

"Rutte has sent a letter to all NATO members to say that he expects that the commitment at the NATO summit will be 3.5% on hard military spending, to be reached in 2032, and 1.5% on related spending such as on infrastructure, cyber security, and similar things also to be reached by 2032," Schoof said.

NATO did not immediately respond to a request for comment on Schoof's remarks.

He said the government of the Netherlands, where Rutte was a long-serving prime minister, would continue discussions to determine its position on the proposal.

Other NATO members were also considering Rutte's request and would have to discuss it with their parliaments, he added.

Twenty-two of NATO's 32 members meet the current 2% target. But leaders across NATO say that goal is no longer sufficient as they now regard Russia as a far greater threat in the wake of its 2022 full-scale invasion of Ukraine.

No NATO country meets Trump's 5% target. According to NATO, the United States spends about 3.2% of GDP on defence. Poland spends the biggest share of its GDP - at over 4%.

(Reporting by GV De Clercq and Andrew Gray; editing by Mark Heinrich)

Key Takeaways

  • NATO proposes 3.5% GDP spending on defence by 2032.
  • Additional 1.5% GDP on broader security measures.
  • Proposal aims to meet global security challenges.
  • Current NATO defence spending target is 2% of GDP.
  • NATO summit to discuss new targets in June.

Frequently Asked Questions

What is the main topic?
The main topic is NATO's proposal to increase defence spending targets to 3.5% of GDP by 2032, with an additional 1.5% on security-related expenses.
What are the proposed spending targets?
NATO proposes 3.5% GDP on military spending and 1.5% on broader security measures by 2032.
Why is NATO increasing its spending targets?
NATO is increasing its spending targets to address heightened security threats, particularly from Russia, and to meet demands from global leaders.

Related Articles

More from Headlines

Explore more articles in the Headlines category