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Lithuania approves draft 2027 budget with 5% of GDP for defence

· Budget

Countries
🇱🇹 Lithuania
Event
On 16 Oct 2026 the Lithuanian government approves the draft 2027 budget and submits it to parliament

Defence over €4.8bn (5% of GDP, almost €35m more than in 2026); state budget revenue almost €22.2bn, expenditure €27.9bn, general government deficit 3.8% of GDP

The deficit exceeds the Maastricht limit of 3% of GDP. The State Defence Fund is to receive more than €896m; in 2026 defence accounted for a higher 5.38% of GDP. The target of 5 to 6% of GDP annually through 2030 is meant to develop an army division and prepare for hosting a German brigade (LRT English, 16 Oct 2026).

Source: lrt.lt ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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