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Poland Defence and Security Report Q2 2014

 
Poland Defence and Security Report Q2 2014

BMI expects Poland to spend US$10.9bn on defence in 2014, and this should increase to US$13.6bn by 2018. Despite the high levels which Poland has spent on defence during the 2010-2014 timeframe, and which it is expected to spend between 2014 and 2018, the country has still fallen just shy of the 2% of GDP non-binding guideline figure which NATO requests that its members spend annually on defence. BMI does not expect this percentage of GDP to increase before the end of the forecast period in 2018.

It was reported in early 2014 that the national defence budget for this year will be the highest in Poland’s history. Poland aims, by 2022, to have a reserve fund worth US$28bn to cover major platform purchases.

The intention is to ensure that procurements continue despite austerity measures that future Polish governments may introduce.

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Feb 2014
BMI
70 pages

Country Research
ASDR-99316

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