The latest comparable figures on Defence expenditure as a percentage of GDP, obtained from the European Defence Agency, are set out in the table below. The figures show that, in 2012, Ireland’s Defence expenditure, including Army Pensions, at 0.55% of GDP, was the lowest of these countries.
Country
|
2012
Defence expenditure as a % of GDP
|
Ireland
|
0.55%
|
Malta
|
0.58%
|
Austria
|
0.80%
|
Sweden
|
1.13%
|
Finland
|
1.47%
|
Each country pursues a Defence policy that reflects its particular requirements and there can be significant differences in the proportion of funding that differing States allocate to Defence. I am fully committed to ensuring that the Defence Forces can continue to meet this State's defence policy requirements. The preparation of a new White Paper on Defence is a key priority as it will provide the defence policy framework for the next decade and beyond. Defence policy is a critical aspect of Government policy and I am determined to ensure that the new White Paper fully addresses the Defence response to future security challenges and related resource requirements in a comprehensive way.