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A Look Into Russia's Modest Invasion Spending
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By News
Published 2 years ago on
June 5, 2023

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Despite the devastating impact on Ukraine since its invasion by Russia in February 2022, the fiscal toll on Russia has been surprisingly modest, according to an analysis by The Economist.

Russia’s War Budget Estimation

Navigating the complexity of Russia’s military budget, its annual invasion cost is estimated at 5 trillion rubles ($67 billion), accounting for approximately 3% of GDP. This is quite low compared to historical war costs, where during World War II, the USSR and the United States spent up to 61% and around 50% of their GDPs, respectively.

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