Military expenditure in Russia

Russia: Military expenditure was 13.83 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
13.83 trillion current LCU
Change on year
up 48.7%
World rank
8th
of 167 countries
All-time high
13.83 trillion current LCU
in 2024
All-time low
123.40 million current LCU
in 1990
Years of data
37
1987–2024

Military expenditure in Russia, 1987–2024

05.0T10.0T15.0T1987200520241987: 137.3M current LCU1988: 138.3M current LCU1989: 133.7M current LCU1990: 123.4M current LCU1992: 904.0M current LCU1993: 7.7B current LCU1994: 29.7B current LCU1995: 58.1B current LCU1996: 81.0B current LCU1997: 101.7B current LCU1998: 77.2B current LCU1999: 159.3B current LCU2000: 259.6B current LCU2001: 340.8B current LCU2002: 437.1B current LCU2003: 521.0B current LCU2004: 603.8B current LCU2005: 773.2B current LCU2006: 938.6B current LCU2007: 1.1T current LCU2008: 1.4T current LCU2009: 1.6T current LCU2010: 1.8T current LCU2011: 2.1T current LCU2012: 2.5T current LCU2013: 2.8T current LCU2014: 3.3T current LCU2015: 4.0T current LCU2016: 4.6T current LCU2017: 3.9T current LCU2018: 3.9T current LCU2019: 4.2T current LCU2020: 4.5T current LCU2021: 4.9T current LCU2022: 7.2T current LCU2023: 9.3T current LCU2024: 13.8T current LCU

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

Analysis

Russia recorded 13.83 trillion current LCU for military expenditure in 2024. That is the highest value across all 37 years on record.

The figure is up 48.7% on the previous year and up 325.4% over ten years.

Over the whole period, military expenditure in Russia peaked at 13.83 trillion current LCU in 2024 and was at its lowest, 123.40 million current LCU, in 1990.

Russia 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

DecadeAverage LowestHighest Years
1980s 136.43 million current LCU 133.70 million current LCU 138.30 million current LCU 3
1990s 57.30 billion current LCU 123.40 million current LCU 159.27 billion current LCU 9
2000s 801.97 billion current LCU 259.58 billion current LCU 1.64 trillion current LCU 10
2010s 3.31 trillion current LCU 1.78 trillion current LCU 4.64 trillion current LCU 10
2020s 7.92 trillion current LCU 4.46 trillion current LCU 13.83 trillion current LCU 5

Countries ranked near Russia

  1. 5 South Korea 64.88 trillion current LCU compare
  2. 6 Lebanon 57.00 trillion current LCU compare
  3. 7 Colombia 56.54 trillion current LCU compare
  4. 9 Uzbekistan 11.62 trillion current LCU compare
  5. 10 Myanmar 10.62 trillion current LCU compare
  6. 11 Japan 8.37 trillion current LCU compare

See the full ranking of 167 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 13.83 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 Russia?
The highest recorded value was 13.83 trillion current LCU in 2024.
What is the lowest military expenditure recorded in Russia?
The lowest recorded value was 123.40 million current LCU in 1990.
How does Russia rank for military expenditure?
Russia ranks 8th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Russia?
Over the last ten years it is up 325.4%. 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 LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)