Military Expenditure in Russia increased to 65907.70 USD Million in 2021 from 61712.50 USD Million in 2020. source: SIPRI
Military Expenditure in Russia averaged 40275.40 USD Million from 1992 until 2021, reaching an all time high of 88352.90 USD Million in 2013 and a record low of 0 USD Million in 1992. Russia Military Expenditure - values, historical data and charts - was last updated on November of 2022.
Military Expenditure in Russia is expected to reach 70000.00 USD Million by the end of 2022, 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 2023, according to our econometric models.