Free Submission Public Relations &
Deutsch English

Slovakia Defence and Security Report 2014

Slovakia Defence and Security Report 2014 Market: New market analysis released

Print article Print article
2014-02-10 00:15:01 - Slovakia Defence and Security Report 2014 - a new market research report on

BMI expects to see defence spending in Slovakia in 2013 to increase 7.5% over 2012 levels, to some US $1,089mn. This constitutes 1.1% of GDP.

NATO members are theoretically required to allocate at least 2% of GDP to defence purposes, but, Slovakia looks set to maintain levels well below that for the foreseeable future. Indeed, we forecast defence spending as a percentage of GDP to remain around 1.0-1.1% over the remainder of our 2017-forecast period.

This lack of spending has been harshly criticised by the Slovakian minister of defence. Minister Lubomir Galko warned that the Slovakian army is beginning to break down under the strain of Afghan deployment and minimal defence spending. The right-wing Slovakian government which governed prior to 2006 had



adopted the Model 2015 plan, aiming for 1.85% of GDP being spent on defence by 2015, but even this modest target was abandoned under the Fico government.

Click for report details: ..

Browse all Defence Market Research Reports ..

Browse all Defence Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact