Military expenditure in Ukraine
Ukraine: Military expenditure was 2.60 trillion current LCU in 2024. ◆ Volatile
Military expenditure in Ukraine, 1993–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Ukraine recorded 2.60 trillion current LCU for military expenditure in 2024. That is the highest value across all 32 years on record.
The figure is up 8.9% on the previous year and up 5,422.6% over ten years.
Over the whole period, military expenditure in Ukraine peaked at 2.60 trillion current LCU in 2024 and was at its lowest, 6.90 million current LCU, in 1993.
Ukraine ranks 23rd of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.24 billion current LCU | 6.90 million current LCU | 3.89 billion current LCU | 7 |
| 2000s | 13.52 billion current LCU | 5.85 billion current LCU | 26.90 billion current LCU | 10 |
| 2010s | 72.61 billion current LCU | 29.36 billion current LCU | 161.79 billion current LCU | 10 |
| 2020s | 1.34 trillion current LCU | 184.46 billion current LCU | 2.60 trillion current LCU | 5 |
Countries ranked near Ukraine
More public sector data for Ukraine
- Arms imports 5.23 billion SIPRI trend indicator values (2024)
- Tax revenue 21.0% (2024)
- Taxes on income, profits and capital gains 16.2% (2024)
- Taxes on goods and services 26.2% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -17.8% (2024)
- Interest payments 8.3% (2024)
- Grants and other revenue 41.1% (2024)
- Interest payments 5.8% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is military expenditure in Ukraine?
- Military expenditure in Ukraine was 2.60 trillion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Ukraine?
- The highest recorded value was 2.60 trillion current LCU in 2024.
- What is the lowest military expenditure recorded in Ukraine?
- The lowest recorded value was 6.90 million current LCU in 1993.
- How does Ukraine rank for military expenditure?
- Ukraine ranks 23rd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Ukraine?
- Over the last ten years it is up 5,422.6%. The long-run trend across the full record is volatile.
- Where does this Ukraine data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)