The Czech government has fulfilled its NATO commitment by allocating 2% of its GDP to defense.
In 2024, the defense budget will amount to 166.8 billion Czech korunas (approximately €6.6 billion), equivalent to 2.09% of GDP, a year ahead of schedule.
Defense Minister Jana Černochová highlighted the importance of the new law, which sets a minimum defense spending level of 2% of GDP, describing it as a “floor, not a ceiling.”
The Czech opposition has raised concerns about the transparency of spending, particularly towards the end of 2024. However, Finance Minister Zbyněk Stanjura assured that the methodology aligns with NATO standards.
Currently, 24 out of NATO’s 32 member countries have reached the target defense spending level, a significant increase compared to 2021, when only six countries met the goal. NATO’s final review of these figures is expected in the second quarter of 2025.
