Military spending Eurasia by country 2023

Russia's military expenditure was the highest among the countries in Eurasia, at an estimated 109.5 billion current U.S. dollars in 2023. The military spending of Ukraine, stood at roughly 64.8 billion current U.S. dollars. Between 2021 and 2023, Ukraine's military spending, excluding foreign donations, grew by 839 percent.

CSTO military expenditure

Six Eurasian countries are members of the Collective Security Treaty Organization (CSTO), an intergovernmental military bloc founded in 2002. These are Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. The total military spending of CSTO members reached 114 billion current U.S. dollars in 2023. In January 2022, the alliance had its first mission in Kazakhstan.

Military expenditure in Eurasia from 2021 to 2023, by selected country (in million current U.S. dollars)

Characteristic	2021	2022	2023
Russia	65,907.7	102,366.6	109,454.4
Ukraine²	6,898.1	41,183.9	64,753.2
Azerbaijan	2,703.2	2,991	3,561.7
Belarus	951.2	1,105.2	1,403.1
Armenia¹	619.4	795.2	1,329.5
Kazakhstan¹	1,617.8	1,163.1	1,236.3
Georgia¹ ³	300.5	360.3	504.6
Kyrgyzstan	262.7	352.1	464.6
Tajikistan³	90	203.9	139.5
Moldova¹ ⁴	52.29	47.75	93.41

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Release date

April 2024

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Region

Asia, Europe

Survey time period

2021 to 2023

Supplementary notes

¹ Excluding military pensions.
² Excluding military assistance in the form of financial support and equipment donations from other countries.
³ Adopted budget rather than actual expenditure.
⁴ Excluding paramilitary forces.

The following figures are estimates: Kyrgyzstan 2021-2023, Russia 2022-2023, and Ukraine 2021-2023.

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