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$, in 1993.
That places Ukraine 8th out of 172 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Ukraine, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1991 | 5.93 billion constant 2022 US$ | — |
| 1992 | 6.92 billion constant 2022 US$ | +16.8% |
| 1993 | 1.28 billion constant 2022 US$ | -81.6% |
| 1994 | 1.60 billion constant 2022 US$ | +25.5% |
| 1995 | 1.80 billion constant 2022 US$ | +12.4% |
| 1996 | 2.01 billion constant 2022 US$ | +11.7% |
| 1997 | 2.26 billion constant 2022 US$ | +12.6% |
| 1998 | 2.33 billion constant 2022 US$ | +2.9% |
| 1999 | 2.45 billion constant 2022 US$ | +5.3% |
| 2000 | 3.82 billion constant 2022 US$ | +55.7% |
| 2001 | 4.78 billion constant 2022 US$ | +25.1% |
| 2002 | 5.71 billion constant 2022 US$ | +19.4% |
| 2003 | 5.62 billion constant 2022 US$ | -1.4% |
| 2004 | 4.81 billion constant 2022 US$ | -14.5% |
| 2005 | 2.65 billion constant 2022 US$ | -45.0% |
| 2006 | 2.41 billion constant 2022 US$ | -8.8% |
| 2007 | 2.60 billion constant 2022 US$ | +7.8% |
| 2008 | 2.59 billion constant 2022 US$ | -0.3% |
| 2009 | 2.32 billion constant 2022 US$ | -10.5% |
| 2010 | 2.16 billion constant 2022 US$ | -6.8% |
| 2011 | 2.34 billion constant 2022 US$ | +8.0% |
| 2012 | 2.81 billion constant 2022 US$ | +20.4% |
| 2013 | 3.14 billion constant 2022 US$ | +11.7% |
| 2014 | 3.81 billion constant 2022 US$ | +21.4% |
| 2015 | 3.59 billion constant 2022 US$ | -5.9% |
| 2016 | 3.36 billion constant 2022 US$ | -6.5% |
| 2017 | 3.79 billion constant 2022 US$ | +12.9% |
| 2018 | 4.62 billion constant 2022 US$ | +21.9% |
| 2019 | 6.04 billion constant 2022 US$ | +30.7% |
| 2020 | 6.91 billion constant 2022 US$ | +14.4% |
| 2021 | 7.96 billion constant 2022 US$ | +15.2% |
| 2022 | 52.38 billion constant 2022 US$ | +558.3% |
| 2023 | 62.62 billion constant 2022 US$ | +19.5% |
Ukraine compared with similar countries
- Ukraine's 62.62 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 50.0× the median. (49 countries reporting)
- Ukraine's 62.62 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 25.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Ukraine changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +558.3% | 7.96 billion constant 2022 US$ | 52.38 billion constant 2022 US$ |
| 1993 | -81.6% | 6.92 billion constant 2022 US$ | 1.28 billion constant 2022 US$ |
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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.72 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.8321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 8.98 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 8.98 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.11 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.76 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 43.91 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.47 (2050)
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.