Germany apparently realizes that unipolarity is fading and the days of receiving military welfare from the USA will eventually pass.
Global military expenditure reached $1.9 trillion (€1.7 trillion) in 2019, the highest annual sum in real terms since 1988. That sum marked an increase of 3.6% over 2018, the largest annual increase since 2010, according to the latest figures from the Stockholm International Peace Research Institute (SIPRI).
In Germany, spending rose by 10% to $49.3 billion — the largest defense budget increase among the world’s top 15 states when it comes to military expenditures.
“There’s been pressure on Germany to increase its military expenditure since before the Trump administration,” said Max Mutschler from the Bonn International Center for Conversion (BICC), a peace and conflict research institute. “The impact of this pressure is now becoming clear. However, one has to say that expenditure is still well below the 2% mark.”
At a NATO summit in Wales in 2014, members agreed to meet a goal of spending at least 2% of their GDP on defense within the next decade. Last year, Germany’s military expenditure amounted to 1.38% of its GDP.