Russia Military Expenditure (USD)
$149.0B▲ +$39.8B
Dec 2024 · Annual
Russia's military expenditure rose to $148.97 billion in 2024 from $109.20 billion in 2023. The figure marks the highest level on record for the series, which began in 1987. The previous all-time low was zero in 1992.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $149.0B | $109.2B | $149.0BDec 2024 | $0Dec 1992 | 1987 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 7.1% | 5.4% | 7.1% | 2.7% | Dec 2024 | Annual |
| GDP | $2.56T | $2.19T | $2.56T | $195.9B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Russia averaged $46.1B from 1987 until 2024, reaching an all-time high of $149.0B in Dec 2024 and a record low of $0 in Dec 1992. The series is reported yearly with history from 1987.
Military expenditure measures the amount spent by the Russian Federation on its armed forces, including personnel, operations, and procurement. The data is reported in current US dollars on an annual basis. The series spans from 1987 to 2024.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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