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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 UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [1] but by 2020 that number had fallen to $2204. [ 2 ] Military expenditure per capita spending
The new three-year budget forecasts a slight reduction in military spending for 2026 and 2027. Lawmakers in both houses of the Russian parliament approved the budget. Russia’s war in Ukraine is ...
After the budget was passed by the lower house of the parliament, Speaker Vyacheslav Volodin said it was developed specifically to fund the military and to mitigate the impact of international ...
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 ...
Vladimir Putin has signed a record national budget aimed at boosting the military amid staggering losses on the battlefield.. After the budget was passed by the lower house of the parliament ...
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]