Military Expenditure in Russia increased to 64144 USD Million in 2019 from 61388 USD Million in 2018. source: SIPRI
Military Expenditure in Russia averaged 43417.71 USD Million from 1992 until 2019, reaching an all time high of 79007 USD Million in 2016 and a record low of 15539 USD Million in 1998. Russia Military Expenditure - values, historical data and charts - was last updated on May 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.