Russia’s military spending, driven by President Vladimir Putin’s efforts to put the country’s economy on a war footing, has ...
The spending figures included in the think tank’s newly published Military Balance report also show that in real-terms, Russia’s military expenditure increased by over 40 percent in 2024.
Russia’s military spending in 2024, when adjusted for purchasing power parity (PPP), exceeded that of the European Union and ...
The IISS forecast that this year total Russian defence spending — including so-called voluntary payments by regional ...