• Ross_audio@lemmy.world
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      3 months ago

      Other way round. They take in so much tax haven income for their size they have a huge GDP/capita.

      It’s 3x the size of the UK.

      Luxembourg is essentially spending the same amount per person as the UK on 0.7% vs. 2.1%

      If they matched up they’d be spending triple the amount per person.

      It would be even starker if it was by land area. Or border length.

      I’d fix that graph by forcing companies to report revenue where it’s generated, not in Luxembourg to avoid tax and regulation.

  • NIB@lemmy.world
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    3 months ago

    Greece is only spending money because it doesnt want to be invaded by, fellow NATO ally, Turkey. If Turkey was a normal country, Greece spending would have been at 1.5-2%.

    Greece doesnt care about Russia, if Russia disappeared tomorrow, nothing would change about the Greek defense spending.

  • drkt@lemmy.dbzer0.com
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    3 months ago

    Denmark is meeting 2% as of some weeks(?) ago, but I’m not sure if that’s because of bureaucrats counting Ukraine donations or if we actually did ramp up military spending.

    • HikingVet@lemmy.ca
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      3 months ago

      Well, the article I read about the artillery donation mentioned that they were reopening a factory for the production of more shells with the intent to increase their reserves.

    • Ross_audio@lemmy.world
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      3 months ago

      Honestly, as long as that stock is getting replaced donating anything to Ukraine is pretty cost effective spending for NATO defence.

      It’s directly reducing Russia’s operational capacity.

      Count it.

      • drkt@lemmy.dbzer0.com
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        3 months ago

        I am completely in favor of throwing everything we have into Ukraine. It was never going to be used at home, anyway…

  • Cassa@lemmy.blahaj.zone
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    3 months ago

    It’s a bit misleading to use 2023 GDP with 2015 PPP, not to mention this doesn’t include Ukrainian aid

    I mean yes, let’s boost our defence spending, but also Luxembourg using 2% is just silly considering their circumstances

  • Throw a Foxtrot@lemmynsfw.com
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    3 months ago

    Are the budgets calculated the same way in all countries? Or at least comparable?

    I’ve heard that e.g. in Germany pensions for soldiers are not calculated as defence spending, because it’s just a regular pension, the same civilians also get. However in the US the department of defense is directly responsible for that so it counts as defense spending. However I have no idea if that is true or if that is already considered in the 2% figure.

  • egonallanon@lemm.ee
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    3 months ago

    I really don’t see a boost in Luxembourg’s defence budget as all that necessary.

        • Kallioapina@lemmy.world
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          3 months ago

          It could be used to other warfighting capabilities by a small nation eg. cyber warfare, instead of tanks, artillery and other traditional systems.

          Edit: Also one might hope that those kind of technical skills might also be of use in the civilian sector, in dual-use sense.

      • kandoh@reddthat.com
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        3 months ago

        We’re just going to hand 0.6 percent of our GDP over to Raytheon or Lockheed Martin. No thanks.

        • SwagGaribaldiOP
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          3 months ago

          You’re right, fuck them. Let’s turn our attention to Leonardo S.p.A.

          • kandoh@reddthat.com
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            3 months ago

            I’d be more inclined to give it all to RIM and tell them to bring back physical keyboards on smartphones.

        • BenLeMan@lemmy.world
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          3 months ago

          Yes, we need to grow more independent of the U.S. (while maintaining good relations with it). Investing in a flourishing European arms industry will not just secure our independence and strengthen our common defense. It will also be an investment that pays off economically via jobs created here, corporate taxes paid here, etc. I wish we could invest into building a more peaceful and just world instead. But that is not what our current situation calls for. Right now we need to safeguard the peace and justice we have already. We’ve come a long way and mustn’t allow an aggressive and ruthless neighbor to threaten what we’ve achieved up to this point.

          • Ilovethebomb@lemm.ee
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            3 months ago

            The USA has rules around military spending, namely that as much money as possible needs to be spent within the country, they’d expect the same from their allies.