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Sep 28, 2026

Russia to increase 2027 military spending by 27% to $202 billion

Russia plans to spend 17.1 trillion rubles ($202.58 billion) on defense in 2027, a 27% increase from originally budgeted amounts and the highest level since the start of the Ukraine war, according to budget documents.

Sep 28, 2026·5 sources
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Top claims

  • ▪The Russian government plans to implement a new windfall tax on metals and mining companies expected to raise approximately 200 billion rubles annually
  • ▪Russia's planned 2027 defense spending of 17.1 trillion rubles is the highest figure since the start of the war in Ukraine in 2022
  • ▪The Russian government plans to spend 459 billion rubles, representing about 11% of the liquid portion of its National Wealth Fund, to reduce the 2026 budget deficit

Subtopics

Defense & military alliances1Military spending1Russia-Ukraine war1Russia’s wartime governance1

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