
Russia: Military spending
* indicates monthly or quarterly data series
Russia |
Military spending, in billion U.S. dollars |
---|---|
Latest value | 65.91 |
Reference | 2021 |
Measure | billion U.S. dollars |
Source | Stockholm International Peace Research Institute |
For that indicator, we provide data for Russia from 1992 to 2021. The average value for Russia during that period was 40.28 billion U.S. dollars with a minimum of 0 billion U.S. dollars in 1992 and a maximum of 88.35 billion U.S. dollars in 2013.
The latest value from 2021 is 65.91 billion U.S. dollars. For comparison, the world average in 2021 based on 150
countries is 13.76 billion U.S. dollars.
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Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.