Total defense expenditures will reach 50 trillion roubles over the next three years. The government also revised its 2026 budget deficit estimate up to 3.2% of gross domestic product from 1.6% of GDP, with overall spending for that year increasing 13.2% to 48.6 trillion roubles, or 20.9% of GDP.
Wednesday, October 21, 2026
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Russia Hikes 2027 Defense Spend to $202.6B, Highest Since 2022
Global Markets23 days ago
Moscow plans to allocate 17.1 trillion roubles to its military in the next full budget cycle, representing a jump of roughly 27% from original estimates of 13.5 trillion roubles. Government documents seen by Reuters show this is the highest figure for defense spending since the war in Ukraine began in 2022, with other areas of the budget shrinking to fund the increase.
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