{"id":616280,"date":"2026-04-19T03:02:17","date_gmt":"2026-04-19T03:02:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/616280\/"},"modified":"2026-04-19T03:02:17","modified_gmt":"2026-04-19T03:02:17","slug":"japans-defense-spending-to-reach-1-9-of-gdp-this-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/616280\/","title":{"rendered":"Japan&#8217;s defense spending to reach 1.9% of GDP this fiscal year"},"content":{"rendered":"<p>Japan is making progress toward its goal of bringing defense spending to 2% of gross domestic product, Defense Minister Shinjiro Koizumi said, with the defense-related budget for this fiscal year set to rise to just short of that threshold, at 1.9% of GDP.<\/p>\n<p dir=\"ltr\">Koizumi told a regular news conference Friday that defense-related spending in the fiscal year through March 2027 would total \u00a510.6 billion ($66.6 million), approaching the gold standard 2% of GDP level that many Western nations have targeted.<\/p>\n<p dir=\"ltr\">As a percentage of GDP, spending will rise by 0.1 percentage point year on year \u2014 though Koizumi said this calculation was made against GDP in fiscal 2022, when the 2% goal was outlined in Japan\u2019s National Security Strategy and the purchasing power of the yen was much stronger than it is now.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan is making progress toward its goal of bringing defense spending to 2% of gross domestic product, Defense&hellip;\n","protected":false},"author":2,"featured_media":616281,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,32442,99,512,11810,182545,164,153075,175216],"class_list":["post-616280","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-budgets","tag-business","tag-china","tag-defense","tag-defense-ministry","tag-economy","tag-sdf","tag-shinjiro-koizumi"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/616280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=616280"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/616280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/616281"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=616280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=616280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=616280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}