
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.
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* indicates monthly or quarterly data series
| 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 |