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Russia's official 2022 military budget is expected to be 4.7 trillion rubles ($75bn), [9] or higher, and about $84bn for 2023, 40% more than initial military budget announced in 2021. [10] Reuters reported that governments documents showed military spending would exceed $100bn in 2023. [11]
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The last reliable data we have from Russia goes back to 2021 [6] which showed nearly 50 trillion Rubles in spending. In 2023 the Russian finance minister stated that the planned surplus of 1.4 trillion rubles from the 2022 budget had become a 3.3 trillion ruble deficit over the same period. [7]
Russian President Vladimir Putin on Monday signed a national budget for the next three years that increases spending by around 25% and reportedly devotes a record amount to defense as the the ...
Russian President Vladimir Putin has signed a national budget for the next three years that increases spending by around 25% and reportedly devotes a record amount to defence as the country’s ...
As of 2014, Russia's military budget is higher than any other European nation, and approximately 1/7th (14 percent) of the US military budget. [39] In 2015, SIPRI found that Russia was the world's second biggest exporter of major weapons for the period 2010–14, increasing exports by 37 per cent. India, China and Algeria accounted for almost ...
Russia's State Duma took a step forward Wednesday towards approving its biggest-ever federal budget which will increase spending by around 25% in 2024, with record amounts going on defense.
Date: 17 September 2021: Source: Own work: ... Date/Time Thumbnail Dimensions User ... Military budget of Russia; Military budget of the United States;