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.

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Russia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
64144.00 61388.00 79007.00 15539.00 1992 - 2019 USD Million Yearly
constant 2018 prices

Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.60 14.50 92.10 6.50 percent [+]
Government Budget 1.80 2.90 9.88 -7.90 percent of GDP [+]
Government Budget Value 205.02 -645.05 3834.60 -4101.84 RUB Billion [+]
Government Spending 4409.10 4262.40 4409.10 1628.70 RUB Billion [+]
Government Revenues 5077663.30 2506545.70 2863058789.60 35000.00 RUB Million [+]
Government Debt 16945.20 14572.80 16945.20 2454.90 RUB Billion [+]
Fiscal Expenditure 5757870.60 2422606.80 42150920.50 44800.00 RUB Million [+]
Credit Rating 55.00 [+]
Military Expenditure 64144.00 61388.00 79007.00 15539.00 USD Million [+]