Multiannual Financial Framework 2021–2027

EU Budget

€168.6 billion committed in 2024 across eight policy headings — from farm subsidies to frontier defence. This page breaks down where the money goes.

Spending by policy · 2024 (€bn)

CAPCommon Agricultural Policy

€53.6B31.8%

CohesionCohesion & Structural Funds

€42.1B25%

NextGenEUNextGenerationEU

€32.4B19.2%

ResearchResearch & Innovation

€13.1B7.8%

ExternalExternal Action

€9.2B5.5%

AdministrationEuropean Public Administration

€8.4B5%

MigrationMigration & Border Management

€5.8B3.4%

DefenceDefence & Security

€4B2.3%