Germany's forecasted government expenditure on defence will increase consistently from 2024 to 2028, with values in billion euros rising from 47.56 in 2024 to 53.61 in 2028. In 2023, the expenditure stood at 46.10 billion euros. The year-on-year variations are steady, indicating rising commitments with annual increases of approximately 3.2% to 3.3%. Over the last five years, the Compound Annual Growth Rate (CAGR) is expected to be around 3.2%.
Future trends to watch for include policy changes due to geopolitical dynamics, changes in defence technology investments, and economic conditions impacting budget allocations.
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