Military Expenditure in Russia increased to 66838 USD Million in 2020 from 65201 USD Million in 2019. source: SIPRI

Military Expenditure in Russia averaged 44795.62 USD Million from 1992 until 2020, reaching an all time high of 80027 USD Million in 2016 and a record low of 15740 USD Million in 1998. Russia Military Expenditure - values, historical data and charts - was last updated on September of 2021.

Military Expenditure in Russia is expected to reach 70000.00 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Russia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
66838.00 65201.00 80027.00 15740.00 1992 - 2020 USD Million Yearly
Constant 2019 prices

Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 17.80 14.60 92.10 6.50 percent of GDP [+]
Government Budget -3.80 1.80 9.88 -7.90 percent of GDP [+]
Government Budget Value 934.43 890.30 3442.69 -4113.51 RUB Billion [+]
Government Spending 4344.10 4409.10 4409.10 1628.70 RUB Billion [+]
Government Revenues 26215108.70 21588237.70 39110300.80 35000.00 RUB Million [+]
Government Debt 15759.19 15623.07 15759.19 652.71 RUB Billion [+]
Fiscal Expenditure 23794425.10 20180229.50 42150920.50 44800.00 RUB Million [+]
Credit Rating 55.00 [+]
Military Expenditure 66838.00 65201.00 80027.00 15740.00 USD Million [+]