Hungary targets 5% of GDP for military spending by 2035

Hungary’s new government has committed to raising military expenditure to 5% of gross domestic product by 2035, a significant escalation from current levels.

Prime Minister Peter Magyar announced the target during a visit to Ankara, framing the increase as essential for restoring Hungary’s status as a "reliable ally" within the NATO framework.

While the 2% of GDP threshold is the standard NATO benchmark, Magyar’s 5% target places Hungary among the most aggressive spenders in the alliance, should the plan be fully realized.

The pledge represents a substantial long-term fiscal commitment.

While the 2% of GDP threshold is the standard NATO benchmark, Magyar’s 5% target places Hungary among the most aggressive spenders in the alliance, should the plan be fully realized.

The announcement underscores the new administration’s determination to pivot away from previous diplomatic tensions and re-integrate fully with Western defense structures.

This strategic shift comes as Hungarian officials continue to outline broader economic reforms.