Russia RU: Military Expenditure

1993 - 2017 | Yearly | USD mn | World Bank

Russia RU: Military Expenditure data was reported at 66.335 USD bn in 2017. This records a decrease from the previous number of 69.245 USD bn for 2016. Russia RU: Military Expenditure data is updated yearly, averaging 27.337 USD bn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 88.353 USD bn in 2013 and a record low of 6.469 USD bn in 1999. Russia RU: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).; ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

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What was Russia's Russia RU: Military Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
66,334.99 2017 69,245.31 2016 6,469.04 1999 88,352.90 2013 USD mn yearly 1993 - 2017

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Russia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 36,685.650 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 16,021.710 2028 yearly 1992 - 2028
Forecast: Real GDP Growth (%) 0.740 2028 yearly 1993 - 2028
GDP Deflator Growth (%) 11.7 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 12,593.146 2021 yearly 1992 - 2021
Gross Fixed Capital Formation (USD mn) 105,034.586 Jun 2024 quarterly Mar 1993 - Jun 2024
Gross National Product (GNP) (USD mn) 2,197,415.086 2022 yearly 1988 - 2022
Gross Savings Rate (%) 30.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Investment: % of GDP (%) 23.5 Jun 2024 quarterly Mar 1993 - Jun 2024
Nominal GDP (USD mn) 677,540.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Nominal GDP Growth (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Private Consumption Expenditure (USD mn) 259,971.693 Jun 2024 quarterly Mar 1993 - Jun 2024
Private Consumption: % of GDP (%) 50.9 Jun 2024 quarterly Mar 1993 - Jun 2024
Public Consumption Expenditure (USD mn) 96,949.653 Jun 2024 quarterly Mar 1993 - Jun 2024
Public Consumption: % of GDP (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Real GDP Growth (%) -2.6 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 40.094 Jun 2024 quarterly Mar 1995 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 310,000.000 2023 yearly 1992 - 2023
Industrial Production Index Growth (%) 4.8 Oct 2024 monthly Jan 2014 - Oct 2024
Minerals Production (Metric Ton) 1,612,152,492.000 2022 yearly 2016 - 2022
Motor Vehicle Production (Unit) 729,864.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 1,200.000 2023 yearly 1992 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 57.4 Aug 2024 monthly Jan 2018 - Aug 2024
Construction and Properties Last Frequency Range
House Prices Growth (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Nominal Residential Property Price Index (2010=100) 181.989 Mar 2024 quarterly Mar 2001 - Mar 2024
Nominal Residential Property Price Index Growth (%) 18.962 Mar 2024 quarterly Mar 2002 - Mar 2024
Real Residential Property Price Index (2010=100) 72.009 Mar 2024 quarterly Mar 2001 - Mar 2024
Real Residential Property Price Index Growth (%) 10.538 Mar 2024 quarterly Mar 2002 - Mar 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 Jun 2024 quarterly Dec 1993 - Jun 2024
Forecast: Government Expenditure (RUB bn) 94,438.577 2029 yearly 1998 - 2029
Forecast: Government Net Debt (RUB bn) 63,578.103 2029 yearly 1997 - 2029
Forecast: Government Revenue (RUB bn) 92,385.235 2029 yearly 1998 - 2029
Government Debt: % of GDP (%) 14.6 Mar 2024 quarterly Dec 2011 - Mar 2024
Tax Revenue (USD mn) 325,141.789 Sep 2024 monthly Jan 1996 - Sep 2024
National Government Debt (USD mn) 274,833.5 Oct 2024 monthly May 2009 - Oct 2024
Consolidated Fiscal Balance (USD mn) 8,454.052 Aug 2024 monthly Jan 1993 - Aug 2024
Tax Revenue: % of GDP (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024

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