The United Kingdom ranks 15th out of all NATO members when it comes to the amount of defence spending that goes towards equipment.
Latest NATO data estimates suggest that 24.3% of the UK's military spending goes towards kit, putting the country behind the likes of France, Italy, Spain and the United States in the list.
Twenty-four NATO members meet the alliance's guideline spend of 20% of defence outlay on equipment, with Croatia topping the chart with 43.5% of its defence spending going on kit.
Meanwhile, the number of NATO nations meeting or exceeding the alliance's target of spending 2% of their gross domestic product (GDP) on defence has decreased, according to the latest official estimates.
The UK is placed fourth on that list, estimated at spending 2.29% of its GDP on defence for 2021.
The latest data also suggest there has been an increase in 'major equipment' spend since last year, across NATO Europe and Canada.
NATO's Secretary General Jens Stoltenberg has previously called on defence spending to increase within the alliance.
The alliance is made up of 30 countries, which increased by one after the Republic of North Macedonia joined in 2020.
Iceland, which does not have any armed forces, does not feature in the NATO estimate charts.
Formed in the aftermath of the Second World War, NATO's original goals were to secure peace in Europe, promote co-operation among its members and counter the threat posed by the USSR, also known as the Soviet Union.
Cover image: US Department of Defense.