Russia war spending

Russia spent record $123.4 billion on war in just six months — Kluge

Russia’s federal spending on its war against Ukraine reached a new record of 10.687 trillion rubles ($123.4 billion) in the first half of 2026, according to calculations by Janis Kluge, a senior associate at the German Institute for International and Security Affairs (SWP), based on Russian Finance Ministry data, The Moscow Times reported.

7 September, 06:36 PM

Putin's economic shield crumbles as military spending drains Russia's liquid assets — Politico

Russian dictator Vladimir Putin largely succeeded in shielding his population from the economic consequences of the full-scale invasion of Ukraine, but the situation has now shifted dramatically, Politico wrote on July 2.

2 July, 12:35 PM

Russia spends its city’s yearly budget on one night of strikes on Ukraine

Russia spent $324.8 million on weapons used in a single mass combined strike on the night of Feb. 3, Ukraine’s Military Intelligence (HUR) wrote on Feb. 4.

4 February, 02:09 PM

Ukraine watchdog: Russia overshoots war budget by nearly 20%

The Kremlin continues to ramp up funding for its war against Ukraine, even as military spending significantly exceeds Russia’s approved budget, Ukraine’s Center for Countering Disinformation (CCD) said on Dec. 21.

21 December 2025, 04:58 PM

Ukrainian intelligence: Kremlin cannot cut war spending without triggering crisis

Russia’s war against Ukraine has reshaped its economy, leaving the country trapped in militarization over the past three years, Ukraine’s Foreign Intelligence Service (SZRU) reported.

22 September 2025, 03:34 PM

Russia war spending