US EditionNorway's Strategic Defence Leap: A New Era in Security Spending
NORWAY, JUN 20 – Norway aims to allocate 3.5% of GDP to traditional defense and 1.5% to civilian security investments, leveraging its $2 trillion sovereign wealth fund without borrowing.
- On June 20, 2025, the Norwegian Government revealed plans to increase total defence and security-related expenditures to 5% of GDP, in line with NATO’s proposed target.
- This decision follows NATO Secretary-General Mark Rutte’s proposal for member nations to target 5% GDP on defence and broader security at the upcoming June 24-25 summit.
- Norway plans to allocate 3.5% of GDP to traditional military expenses, including aid to Ukraine, and 1.5% to civilian sector investments boosting resilience and defence plans.
- Norwegian Prime Minister Jonas Gahr Støre highlighted that ensuring the country's safety requires a military force that is dependable, well-equipped, sufficiently staffed, and well-prepared, while also stressing the importance of collaborating with NATO partners.
- The decision highlights Norway’s response to the considerable threat posed by Russia and Europe’s growing need to take greater responsibility for its security, with Norway uniquely positioned to increase defense spending without additional borrowing due to its extensive sovereign wealth fund valued at around $2 trillion.
11 Articles
11 Articles
Norway's Strategic Defence Leap: A New Era in Security Spending
Norway aims to increase its defence and broader security spending to 5% of GDP, aligning with NATO's proposed goals. This follows Europe's efforts to bolster defenses against Russia. Norway plans a phased increase, potentially reaching the target post-2030, leveraging its substantial sovereign wealth fund.
Norway to meet 5% NATO goal on defence, security spending, prime minister says
OSLO - Norway plans to raise overall spending on defence and broader security to 5% of gross domestic product, its prime minister said on Friday, in line with a planned common goal among NATO states. Read more at straitstimes.com.
The government will spend 5 percent of gross domestic product to strengthen defense capabilities and keep people safe in Norway. "The world has become more dangerous and unpredictable. Europe must take greater responsibility for its own security. We must do more to secure our country and contribute to our common security with our allies in NATO," says Prime Minister Jonas Gahr Støre, according to a press release from the government. 48,000 krone…
Norway will now spend five percent of its GDP on defense. But both the previous and current defense ministers are a bit unsure of what it will be used for.
Rytte's main challenge is to convince member countries to increase defence spending to 5% of GDP.
Coverage Details
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
To view factuality data please Upgrade to Premium
