Military expenditure in Ukraine
Ukraine: Military expenditure was 64.70 billion current USD in 2024. ◆ Volatile
Military expenditure in Ukraine, 1993–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Ukraine is 64.70 billion current USD, measured in 2024.
The figure is down 0.3% on the previous year and up 1,533.3% over ten years.
Over the whole period, military expenditure in Ukraine peaked at 64.91 billion current USD in 2023 and was at its lowest, 152.23 million current USD, in 1993.
Ukraine ranks 8th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.14 billion current USD | 152.23 million current USD | 2.07 billion current USD | 7 |
| 2000s | 2.43 billion current USD | 1.09 billion current USD | 4.81 billion current USD | 10 |
| 2010s | 4.15 billion current USD | 3.42 billion current USD | 6.26 billion current USD | 10 |
| 2020s | 36.91 billion current USD | 6.84 billion current USD | 64.91 billion current USD | 5 |
Countries ranked near Ukraine
- 5 India 86.13 billion current USD compare
- 6 United Kingdom 81.76 billion current USD compare
- 7 Saudi Arabia 80.33 billion current USD compare
- 9 France 64.67 billion current USD compare
- 10 Japan 55.27 billion current USD compare
- 11 South Korea 47.57 billion current USD compare
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 64.70 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 Ukraine?
- The highest recorded value was 64.91 billion current USD in 2023.
- What is the lowest military expenditure recorded in Ukraine?
- The lowest recorded value was 152.23 million current USD in 1993.
- How does Ukraine rank for military expenditure?
- Ukraine ranks 8th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Ukraine?
- Over the last ten years it is up 1,533.3%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)