Taiwan Plans NT$1.1 Trillion Defense Budget for 2027 Exceeding 3% of GDP
Taiwan's Executive Yuan will propose a fiscal year 2027 defense budget of approximately NT$1.1 trillion (US$31 billion), a 16% increase over the comparable 2026 figure and the first time the outlay has crossed the NT$1 trillion threshold. The total is calculated under NATO accounting standards and incorporates three separate special-budget tracks, including a pending NT$2.1 trillion drone procurement statute covering coastal surveillance and attack drones. The Lai administration has set a longer-term target of 5% of GDP by 2030, though the proposal still faces a Legislative Yuan where opposition parties recently imposed multi-billion-dollar cuts to the 2026 defense package.