Russian defence spending constrained by fiscal caution

Careful budget management prevented a large drop in military spending last year but will curb its growth in 2021-23

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In this article

  • Plans for 2021
  • How much does Russia really spend?
  • Defence manufacturing impacts
  • Shipbuilding
  • Ground and air forces
  • Long-range missiles

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.