ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan set to increase defense budget to 2% of GDP in 2027

PM Kishida tells cabinet ministers to broaden scope of spending framework

Japan wants to expand its defense budget to meet evolving security challenges.    © Kyodo

TOKYO -- Prime Minister Fumio Kishida has told his cabinet ministers to increase Japan's defense budget to around 2% of gross domestic product in the year starting April 2027.

Kishida gave those instructions to Defense Minister Yasukazu Hamada and Finance Minister Shunichi Suzuki on Monday, as part of Japan's move to expand its defense budget to meet new security challenges. The budget will cover funding for scientific research, cyber technology, infrastructure and an improvement of the Japan Coast Guard.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more