Ukraine: Military spending

* indicates monthly or quarterly data series
 Ukraine

Military spending, in billion U.S. dollars

 Latest value 64.70
 Year 2024
 Measure billion U.S. dollars
 Data availability 1993 - 2024
 Average 8.07
 Min - Max 0.15 - 64.91
 Source Stockholm International Peace Research Institute
 Available for Data download
The latest value from 2024 is 64.7 billion U.S. dollars, a decline from 64.91 billion U.S. dollars in 2023. In comparison, the world average is 17.79 billion U.S. dollars, based on data from 148 countries. Historically, the average for Ukraine from 1993 to 2024 is 8.07 billion U.S. dollars. The minimum value, 0.15 billion U.S. dollars, was reached in 1993 while the maximum of 64.91 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Ukraine: Military spending
 2024 64.70
 2023 64.91
 2022 41.18
 2021 6.90
 2020 6.84
 2019 6.26
 2018 4.75
 2017 3.65




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.

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 Related indicators Latest Reference Measure
 Military spending 64.70 2024 billion U.S. dollars
 Military spending, percent of GDP 34.48 2024 percent
 Military spending, percent of government spending 54.01 2024 percent
 Armed forces 298,000 2020 people
 Armed forces, percent of labor force 1.43 2020 percent
 Arms exports 23.00 2024 SIPRI TIVs
 Arms imports 5,230,000,000.00 2024 SIPRI TIVs
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