Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria to invest more than $2.3 billion in defence by the end of 2024

Photo: Archive

Bulgaria will invest 2.18 per cent of its GDP in defence this year, according to documents released by NATO ahead of its July 2024 summit in Washington. 

The country's 2024 defence spending is expected to be $2.325 billion, up from $1.992 billion in 2023. The data show a sustained increase in defence investment since 2020. However, the average number of army personnel is 0.6 per cent lower than in 2014, when NATO countries set a target of two per cent of GDP for defence spending, according to statistics cited by BTA.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

13 people detained in Sofia during Police operation against illegal migration

Thirteen people were arrested in central Sofia during a specialized police operation aimed at countering illegal migration and preventing crimes committed by or against foreign nationals. The operation took place on April 16 and 17, said the Ministry..

published on 4/18/25 5:37 PM

Blind ultrarunner Victor Asenov inducted into the Everesting Hall of Fame

Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the ''Invictus'' Victor Asenov completed 19 consecutive ascents from Aleko Hut to Cherni Vrah Mount on..

published on 4/18/25 3:59 PM

Bulgaria has asked to withdraw its request to the EC for the second payment under the Recovery and Resilience Plan

Bulgaria has asked to withdraw its request to the European Commission for the second payment under the National Recovery and Resilience Plan, the Commission confirmed to BNR. The request was submitted yesterday following coordination with the..

published on 4/18/25 1:04 PM