Military spending gmsd in Ukraine

Ukraine: Military spending gmsd was 62.62 billion in 2023. ◆ Volatile

Latest (2023)
62.62 billion
Change on year
up 19.5%
World rank
8th
of 172 countries
All-time high
62.62 billion
in 2023
All-time low
1.28 billion
in 1993
Years of data
33
1991–2023

Military spending gmsd in Ukraine, 1991–2023

020.0B40.0B60.0B1991200720231991: 5.9B1992: 6.9B1993: 1.3B1994: 1.6B1995: 1.8B1996: 2.0B1997: 2.3B1998: 2.3B1999: 2.5B2000: 3.8B2001: 4.8B2002: 5.7B2003: 5.6B2004: 4.8B2005: 2.6B2006: 2.4B2007: 2.6B2008: 2.6B2009: 2.3B2010: 2.2B2011: 2.3B2012: 2.8B2013: 3.1B2014: 3.8B2015: 3.6B2016: 3.4B2017: 3.8B2018: 4.6B2019: 6.0B2020: 6.9B2021: 8.0B2022: 52.4B2023: 62.6B

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Ukraine stood at 62.62 billion. 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 gmsd in Ukraine peaked at 62.62 billion in 2023 and was at its lowest, 1.28 billion, 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.

Military spending gmsd in Ukraine, year by year

Annual values for Military spending gmsd in Ukraine, 1991 to 2023.
Year Value Change
1991 5.93 billion —
1992 6.92 billion +16.8%
1993 1.28 billion -81.6%
1994 1.60 billion +25.5%
1995 1.80 billion +12.4%
1996 2.01 billion +11.7%
1997 2.26 billion +12.6%
1998 2.33 billion +2.9%
1999 2.45 billion +5.3%
2000 3.82 billion +55.7%
2001 4.78 billion +25.1%
2002 5.71 billion +19.4%
2003 5.62 billion -1.4%
2004 4.81 billion -14.5%
2005 2.65 billion -45.0%
2006 2.41 billion -8.8%
2007 2.60 billion +7.8%
2008 2.59 billion -0.3%
2009 2.32 billion -10.5%
2010 2.16 billion -6.8%
2011 2.34 billion +8.0%
2012 2.81 billion +20.4%
2013 3.14 billion +11.7%
2014 3.81 billion +21.4%
2015 3.59 billion -5.9%
2016 3.36 billion -6.5%
2017 3.79 billion +12.9%
2018 4.62 billion +21.9%
2019 6.04 billion +30.7%
2020 6.91 billion +14.4%
2021 7.96 billion +15.2%
2022 52.38 billion +558.3%
2023 62.62 billion +19.5%

Ukraine compared with similar countries

  • Ukraine's 62.62 billion is above the median for upper middle income countries, which is 1.25 billion, 50.0× the median. (49 countries reporting)
  • Ukraine's 62.62 billion is above the median for Europe & Central Asia, which is 2.44 billion, 25.7× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Ukraine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +558.3% 7.96 billion 52.38 billion
1993 -81.6% 6.92 billion 1.28 billion

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.95 billion 1.28 billion 6.92 billion 9
2000s 3.73 billion 2.32 billion 5.71 billion 10
2010s 3.57 billion 2.16 billion 6.04 billion 10
2020s 32.47 billion 6.91 billion 62.62 billion 4

Countries ranked near Ukraine

  1. 5 Saudi Arabia 88.35 billion compare
  2. 6 United Kingdom 84.21 billion compare
  3. 7 France 71.97 billion compare
  4. 9 Japan 62.31 billion compare
  5. 10 Germany 62.28 billion compare
  6. 11 South Korea 57.02 billion compare

See the full ranking of 172 places →

More reference data data for Ukraine

All data for Ukraine →

Frequently asked questions

What is military spending gmsd in Ukraine?
Military spending gmsd in Ukraine was 62.62 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Ukraine?
The highest recorded value was 62.62 billion in 2023.
What is the lowest military spending gmsd recorded in Ukraine?
The lowest recorded value was 1.28 billion in 1993.
How does Ukraine rank for military spending gmsd?
Ukraine ranks 8th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).

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Military spending gmsd in Ukraine. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/ukraine/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed