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

Bulgaria nears NATO standard for 2% of GDP spent for defense

Photo: BGNES

Bulgaria has planned to use 1.61 per cent of its gross domestic product for defense. That's 927 million USD for 2019. The rise is 0.3 percent compared to 2014, when Sofia spent 638 million USD or 1.31 percent of GDP. In NATO the US spends the largest share of GDP for defense - over 3.42%. Luxembourg is last with 0.55 per cent, as it has the highest GDP per capita in the EU - 66.000 euros. Montenegro allocates a little more money than Bulgaria as a percentage of its GDP - 1.65 per cent. Defense spending has risen steadily over the past 5 years. More and more countries are close to reaching the target of 2% of GDP for defense, NATO Secretary-General Jens Stoltenberg said.



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

Photo: Embassy of Bulgaria in Oslo

Bulgaria’s first honorary consulate in Norway has been officially inaugurated in Stavanger

Bulgaria’s first honorary consulate in Norway was officially inaugurated on October 24, 2025, in the city of Stavanger, the Embassy of Bulgaria in Oslo announced on Facebook. Following the performance of the national anthems of Bulgaria and..

published on 10/27/25 12:08 PM

Young bears from Ukraine have found shelter in Bulgaria

Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in cooperation with Foundation Brigitte Bardot. The seven-year-old Frol and Frosia come from Bear Sanctuary..

published on 10/27/25 11:32 AM
Ivan Ivanov

There will be no water meter fee, says Minister of Regional Development Ivan Ivanov

The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional Development and Public Works Ivan Ivanov said in an interview with bTV.   According to him, the draft law..

published on 10/27/25 10:18 AM