Military Expenditure in Russia decreased to 64193 USD Million in 2018 from 66527 USD Million in 2017.
Military Expenditure in Russia averaged 44577.67 USD Million from 1992 until 2018, reaching an all time high of 82576 USD Million in 2016 and a record low of 16241 USD Million in 1998. Russia Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI
Military Expenditure in Russia is expected to reach 70000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Military Expenditure is projected to trend around 70000.00 USD Million in 2021, according to our econometric models.