What percentage of GDP will Germany's defence spending reach by 2029?

Germany's defence spending is set to increase to 3.5% of GDP by 2029.

How much will Germany's total defence spending increase by 2029?

Germany's total defence spending will rise from 95 billion euros in 2025 to 162 billion euros by 2029.

What is the expected borrowing for defence from 2025 to 2029?

Germany will be able to borrow a total of 378.1 billion euros for defence between 2025 and 2029.

What are the record investments planned for Germany's budget in 2025 and 2026?

The draft budget for 2025 includes record investments of 115.7 billion euros, while the budget for 2026 is set at 123.6 billion euros.

What impact will the debt brake reform have on Germany's borrowing?

The debt brake reform will allow Germany to increase its borrowing significantly, impacting its defence budget positively.

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Home > Headlines > Germany to raise defence spending to 3.5% of GDP by 2029, sources say

Headlines

Germany to raise defence spending to 3.5% of GDP by 2029, sources say

Published by Global Banking & Finance Review®

Posted on June 23, 2025

2 min read

Last updated: January 23, 2026

Germany to raise defence spending to 3.5% of GDP by 2029, sources say - Headlines news and analysis from Global Banking & Finance Review

Germany to raise defence spending to 3.5% of GDP by 2029, sources say

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Germany Plans to Increase Defence Spending to 3.5% of GDP by 2029

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