Military Expenditure in Russia increased to 66838 USD Million in 2020 from 65201 USD Million in 2019. source: SIPRI
Military Expenditure in Russia averaged 44795.62 USD Million from 1992 until 2020, reaching an all time high of 80027 USD Million in 2016 and a record low of 15740 USD Million in 1998. Russia Military Expenditure - values, historical data and charts - was last updated on July of 2022.
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.