Military spending in Ukraine
Ukraine: Military spending was 62.62 billion constant 2022 US$ in 2023. ◆ Volatile
Military spending in Ukraine, 1991–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2023, military spending in Ukraine stood at 62.62 billion constant 2022 US$. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 19.5% on the previous year and up 1,893.9% over ten years.
Over the whole period, military spending in Ukraine peaked at 62.62 billion constant 2022 US$ in 2023 and was at its lowest, 1.28 billion constant 2022 US$, in 1993.
That places Ukraine 8th out of 172 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.95 billion constant 2022 US$ | 1.28 billion constant 2022 US$ | 6.92 billion constant 2022 US$ | 9 |
| 2000s | 3.73 billion constant 2022 US$ | 2.32 billion constant 2022 US$ | 5.71 billion constant 2022 US$ | 10 |
| 2010s | 3.57 billion constant 2022 US$ | 2.16 billion constant 2022 US$ | 6.04 billion constant 2022 US$ | 10 |
| 2020s | 32.47 billion constant 2022 US$ | 6.91 billion constant 2022 US$ | 62.62 billion constant 2022 US$ | 4 |
Countries ranked near Ukraine
- 5 Saudi Arabia 88.35 billion constant 2022 US$ compare
- 6 United Kingdom 84.21 billion constant 2022 US$ compare
- 7 France 71.97 billion constant 2022 US$ compare
- 9 Japan 62.31 billion constant 2022 US$ compare
- 10 Germany 62.28 billion constant 2022 US$ compare
- 11 South Korea 57.02 billion constant 2022 US$ compare
More reference data data for Ukraine
- Spring temperature anomalies 3.58 °C (2026)
- Summer temperature anomalies 0.7067 °C (2026)
- Temperature anomalies by month -2.52 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.29 °C (2025)
- Winter temperature anomalies 2.51 °C (2025)
- Consumer price index 515.28 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Ukraine?
- Military spending in Ukraine was 62.62 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 Ukraine?
- The highest recorded value was 62.62 billion constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Ukraine?
- The lowest recorded value was 1.28 billion constant 2022 US$ in 1993.
- How does Ukraine rank for military spending?
- Ukraine ranks 8th out of 172 countries with data for 2023.
- Is military spending rising or falling in Ukraine?
- Over the last ten years it is up 1,893.9%. The long-run trend across the full record is volatile.
- Where does this Ukraine 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 — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.