Taiwan defence budget to near 10% growth over next five years
Source: Army Technology
Loading...Strong SignalCredibility: 49%
Report Content
Taiwan's defence budget is set to rise in the coming years, with its spending as a proportion of GDP rising to over 5% by 2031.
Classification
Region
East Asia & Pacific
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Size
Not applicable
Activity
Taiwan's defense budget is set to rise
Location
Taiwan
Unit
Taiwanese Armed Forces
Time
By 2031
Equipment
-
Summary
Taiwan's defense budget is projected to increase significantly over the next five years, with spending expected to exceed 5% of GDP by 2031. This reflects a strategic shift in Taiwan's military policy to enhance its defense capabilities.
Key Facts
- Taiwan's defense budget is expected to grow significantly over the next five years.
- Defense spending will rise to over 5% of GDP by 2031.
- This increase indicates a shift in Taiwan's military policy.