Russian defence spending set to rise as army expands

Spending on the military rose sharply in 2022 and will do so again this year

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In this article

  • Sharp rise after invasion
  • Rises in all areas
  • Hidden allocations
  • Spending to rise further
  • Economic impacts

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.