
Russia: Military spending, percent of GDP
* indicates monthly or quarterly data series
Russia |
Military spending, percent of GDP |
---|---|
Latest value | 4.08 |
Reference | 2021 |
Measure | percent |
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 3.8 percent with a minimum of 2.73 percent in 1998 and a maximum of 5.43 percent in 2016.
The latest value from 2021 is 4.08 percent. For comparison, the world average in 2021 based on 145
countries is 1.87 percent.
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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.