Norway to increase defence spending to 3.5% of GDP with additional NOK 115 billion under long-term plan

By Martin Chomsky (Defence Industry Europe)

The Norway government has announced plans to allocate an additional NOK 115 billion to its Long-term Defence Plan, increasing overall spending and adjusting priorities. The move is expected to raise defence expenditure to 3.5% of GDP by 2035, in line with NATO commitments.
Photo: Norwegian Armed Forces.

The Norway government has announced plans to allocate an additional NOK 115 billion to its Long-term Defence Plan, increasing overall spending and adjusting priorities. The move is expected to raise defence expenditure to 3.5% of GDP by 2035, in line with NATO commitments.

 

The additional funding will be provided through to 2036, with NOK 31 billion allocated by 2030. The government also plans to extend the planning period of the defence strategy to 2040, expanding it from its original timeframe.

Prime Minister Jonas Gahr Støre said the decision reflects a deteriorating global security environment. “Since we presented the Long-term Defence Plan, the world has become more unstable and the security landscape more complex. We are now taking steps to adjust the plan to ensure more effective development of our defence capabilities in a more uncertain world.”

He added that rising costs and lessons from ongoing conflicts have influenced the decision. “The cost of defence equipment has increased and the war in Ukraine has given us new insights. We are therefore allocating a significant increase in resources to the long-term plan, while also carefully weighing the priorities needed to rapidly strengthen Norway’s defence capabilities.”

 

Related news & articles

Latest news

Featured