Defense budget to rise to around 80 billion euros by 2028
The defense budget is expected to reach around 80 billion Euros by the year 2028.
With this, Germany will long-term meet the NATO goal of contributing two percent of its economic output for defense, even if the special fund for the Bundeswehr is completely exhausted, said Federal Chancellor Olaf Scholz (SPD) in results of the budget deliberations for 2025 and the following years. The regular defense budget has a volume of approximately 52 billion Euros in this year.
The Defense budget’s two percent contribution to Germany's economic output for defense, as per NATO goals, will be achieved by the year 2028, amounting to around 80 billion Euros. In the budget deliberations for 2025 and beyond, Chancellor Scholz confirmed that Germany would still reach this target, even if the Bundeswehr's special fund runs dry. Moreover, Olaf Scholz mentioned that the current year's regular defense budget is approximately 52 billion Euros.
