Military expenditure in Russia

Russia: Military expenditure was 148.97 billion current USD in 2024. ◆ Volatile

Latest (2024)
148.97 billion current USD
Change on year
up 36.4%
World rank
3rd
of 167 countries
All-time high
148.97 billion current USD
in 2024
All-time low
0 current USD
in 1987
Years of data
37
1987–2024

Military expenditure in Russia, 1987–2024

050.0B100.0B150.0B1987200520241987: 0 current USD1988: 0 current USD1989: 0 current USD1990: 0 current USD1992: 0 current USD1993: 7.8B current USD1994: 13.5B current USD1995: 12.7B current USD1996: 15.8B current USD1997: 17.6B current USD1998: 8.0B current USD1999: 6.5B current USD2000: 9.2B current USD2001: 11.7B current USD2002: 13.9B current USD2003: 17.0B current USD2004: 21.0B current USD2005: 27.3B current USD2006: 34.5B current USD2007: 43.5B current USD2008: 56.2B current USD2009: 51.5B current USD2010: 58.7B current USD2011: 70.2B current USD2012: 81.5B current USD2013: 88.4B current USD2014: 84.7B current USD2015: 66.4B current USD2016: 69.2B current USD2017: 66.9B current USD2018: 61.6B current USD2019: 65.2B current USD2020: 61.7B current USD2021: 65.9B current USD2022: 102.4B current USD2023: 109.2B current USD2024: 149.0B current USD

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.

Analysis

Russia recorded 148.97 billion current USD for military expenditure in 2024. That is the highest value across all 37 years on record.

Compared with earlier readings it is up 36.4% on the previous year and up 75.9% over ten years.

Over the whole period, military expenditure in Russia peaked at 148.97 billion current USD in 2024 and was at its lowest, 0 current USD, in 1987.

Russia ranks 3rd of 167 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 current USD 0 current USD 0 current USD 3
1990s 9.10 billion current USD 0 current USD 17.58 billion current USD 9
2000s 28.59 billion current USD 9.23 billion current USD 56.18 billion current USD 10
2010s 71.29 billion current USD 58.72 billion current USD 88.35 billion current USD 10
2020s 97.63 billion current USD 61.71 billion current USD 148.97 billion current USD 5

Countries ranked near Russia

  1. 1 United States 997.31 billion current USD compare
  2. 2 China 313.66 billion current USD compare
  3. 4 Germany 88.46 billion current USD compare
  4. 5 India 86.13 billion current USD compare
  5. 6 United Kingdom 81.76 billion current USD compare

See the full ranking of 211 places →

More public sector data for Russia

All data for Russia →

Frequently asked questions

What is military expenditure in Russia?
Military expenditure in Russia was 148.97 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Russia?
The highest recorded value was 148.97 billion current USD in 2024.
What is the lowest military expenditure recorded in Russia?
The lowest recorded value was 0 current USD in 1987.
How does Russia rank for military expenditure?
Russia ranks 3rd out of 167 countries with data for 2024.
Is military expenditure rising or falling in Russia?
Over the last ten years it is up 75.9%. The long-run trend across the full record is volatile.
Where does this Russia data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.

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CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)