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Military budget of China, Russia and U.S. in constant 2019 US$ billions. The military budget of Russia is the portion of the overall budget of Russia that is allocated for the funding of the Russian Armed Forces. This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ...
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 .
As of 2024, Russia has the world's third-highest military expenditure, at approximately US$130 billion, or over six percent of GDP, [5] compared to approximately to US$86.5–$109 billion the year before. [17] Its military budget is set to expand by 30 percent, to US$145 billion, in 2025. [18]
Russian President Vladimir Putin has approved a record-breaking defense budget, setting aside a staggering third of the government’s total spending as the war in Ukraine drains resources from ...
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 ...
Russia plans to increase budget spending by 25.8% to 36.6 trillion roubles ($383 billion) in 2024, Prime Minister Mikhail Mishustin said on Friday. Moscow is spending heavily on its armed forces ...
If there is no data for a particular year, a cell is left blank. Although the database includes statistics for over 150 countries, per SIPRI's Terms and Condition permission is needed to directly reproduce more than 10% of the database.
The alliance’s non-U.S. members have boosted military spending by 32% since Russia invaded Ukraine’s Crimean peninsula in 2014, the institute found. ... February 13, 2024 at 10:42 AM.