Russia Military Expenditure

7.1% +1.7%

Dec 2024 · Annual

Russia's military expenditure reached 7.05% of GDP in 2024, up from 5.40% in 2023. This is the highest level on record since the series began in 1992, surpassing the previous all-time high set in the same year.

Russia Military Expenditure, 1992–2024
ActualPreviousHighestLowestDatesFrequency
7.1%5.4%7.1%Dec 20242.7%Dec 19981992 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP17.2%14.8%135.2%7.4%Dec 2025Annual
Military Expenditure (USD)$149.0B$109.2B$149.0B$0Dec 2024Annual

About this series

Military Expenditure in Russia averaged 4.0% from 1992 until 2024, reaching an all-time high of 7.1% in Dec 2024 and a record low of 2.7% in Dec 1998. The series is reported yearly with history from 1992.

Military expenditure measures the share of gross domestic product (GDP) allocated to defense spending, including personnel, operations, and procurement. Data are reported annually as a percentage of GDP, with the series spanning from 1992 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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