Military Expenditure in Russia decreased to 55327.20 USD Million in 2017 from 69245.30 USD Million in 2016. Military Expenditure in Russia averaged 36730.10 USD Million from 1992 until 2017, reaching an all time high of 69245.30 USD Million in 2016 and a record low of 13615.80 USD Million in 1998.
Military Expenditure in Russia is expected to be 62000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Military Expenditure is projected to trend around 70000.00 USD Million in 2020, according to our econometric models.
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