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.

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Russia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
64193.00 66527.00 82576.00 16241.00 1992 - 2018 USD Million Yearly
constant 2017 prices

Russia Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.60 15.50 92.10 6.50 percent [+]
Government Budget 1.80 2.90 9.88 -7.90 percent of GDP [+]
Government Budget Value -409.12 122.88 3834.60 -2967.30 RUB Billion [+]
Government Spending 4226.90 4046.20 4226.90 1628.70 RUB Billion [+]
Government Revenues 13187157.70 922333969.30 2863058789.60 35000.00 RUB Million [+]
Government Debt 12564.70 14052.00 14052.00 2454.90 RUB Billion [+]
Fiscal Expenditure 12244694.90 8601941.90 36995282.60 44800.00 RUB Million [+]
Credit Rating 55.00 [+]
Military Expenditure 64193.00 66527.00 82576.00 16241.00 USD Million [+]