Military spending in Russia

Russia: Military spending was 120.26 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
120.26 billion constant 2022 US$
Change on year
up 12.0%
World rank
3rd
of 172 countries
All-time high
535.82 billion constant 2022 US$
in 1986
All-time low
636.14 million constant 2022 US$
in 1818
Years of data
208
1816–2023

Military spending in Russia, 1816–2023

0200.0B400.0B600.0B181619192023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending in Russia is 120.26 billion constant 2022 US$, measured in 2023.

Compared with earlier readings it is up 12.0% on the previous year and up 51.9% over ten years.

Over the whole period, military spending in Russia peaked at 535.82 billion constant 2022 US$ in 1986 and was at its lowest, 636.14 million constant 2022 US$, in 1818.

Russia ranks 3rd of 172 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
1810s 698.98 million constant 2022 US$ 636.14 million constant 2022 US$ 801.86 million constant 2022 US$ 4
1820s 841.24 million constant 2022 US$ 747.25 million constant 2022 US$ 900.74 million constant 2022 US$ 10
1830s 1.10 billion constant 2022 US$ 853.25 million constant 2022 US$ 1.28 billion constant 2022 US$ 10
1840s 1.96 billion constant 2022 US$ 1.65 billion constant 2022 US$ 2.54 billion constant 2022 US$ 10
1850s 3.02 billion constant 2022 US$ 2.23 billion constant 2022 US$ 5.09 billion constant 2022 US$ 10
1860s 2.54 billion constant 2022 US$ 2.14 billion constant 2022 US$ 3.49 billion constant 2022 US$ 10
1870s 3.67 billion constant 2022 US$ 2.23 billion constant 2022 US$ 8.21 billion constant 2022 US$ 10
1880s 2.98 billion constant 2022 US$ 2.70 billion constant 2022 US$ 3.34 billion constant 2022 US$ 10
1890s 4.58 billion constant 2022 US$ 3.63 billion constant 2022 US$ 5.56 billion constant 2022 US$ 10
1900s 8.44 billion constant 2022 US$ 5.82 billion constant 2022 US$ 20.28 billion constant 2022 US$ 10
1910s 34.65 billion constant 2022 US$ 4.02 billion constant 2022 US$ 105.34 billion constant 2022 US$ 10
1920s 21.65 billion constant 2022 US$ 13.38 billion constant 2022 US$ 43.01 billion constant 2022 US$ 10
1930s 60.73 billion constant 2022 US$ 44.72 billion constant 2022 US$ 98.64 billion constant 2022 US$ 10
1940s 114.32 billion constant 2022 US$ 97.71 billion constant 2022 US$ 144.89 billion constant 2022 US$ 10
1950s 202.38 billion constant 2022 US$ 147.89 billion constant 2022 US$ 228.77 billion constant 2022 US$ 10
1960s 300.59 billion constant 2022 US$ 213.82 billion constant 2022 US$ 347.66 billion constant 2022 US$ 10
1970s 430.34 billion constant 2022 US$ 376.81 billion constant 2022 US$ 492.05 billion constant 2022 US$ 10
1980s 444.40 billion constant 2022 US$ 403.87 billion constant 2022 US$ 535.82 billion constant 2022 US$ 10
1990s 115.79 billion constant 2022 US$ 23.78 billion constant 2022 US$ 351.44 billion constant 2022 US$ 10
2000s 52.70 billion constant 2022 US$ 37.17 billion constant 2022 US$ 73.74 billion constant 2022 US$ 10
2010s 67.36 billion constant 2022 US$ 56.46 billion constant 2022 US$ 79.16 billion constant 2022 US$ 10
2020s 98.21 billion constant 2022 US$ 76.98 billion constant 2022 US$ 120.26 billion constant 2022 US$ 4

Countries ranked near Russia

  1. 1 United States 1.06 trillion constant 2022 US$ compare
  2. 2 China 349.48 billion constant 2022 US$ compare
  3. 4 India 95.30 billion constant 2022 US$ compare
  4. 5 Saudi Arabia 88.35 billion constant 2022 US$ compare
  5. 6 United Kingdom 84.21 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Russia

All data for Russia →

Frequently asked questions

What is military spending in Russia?
Military spending in Russia was 120.26 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Russia?
The highest recorded value was 535.82 billion constant 2022 US$ in 1986.
What is the lowest military spending recorded in Russia?
The lowest recorded value was 636.14 million constant 2022 US$ in 1818.
How does Russia rank for military spending?
Russia ranks 3rd out of 172 countries with data for 2023.
Is military spending rising or falling in Russia?
Over the last ten years it is up 51.9%. The long-run trend across the full record is volatile.
Where does this Russia data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 208 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.