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Russia has spent more than $167 billion on the war against Ukraine

Sep 17, 2023

During the 18 months of the full-scale invasion of Ukraine, Russia spent about $167.3 billion on the war.

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This is reported by RBC-Ukraine with reference to Forbes.

The Kremlin spends about $300 million a day on the war with Ukraine. And the Russian budget spent more in January-June than it planned to spend in the entire year 2023.

Despite this, Russia is doubling its military budget, and the cost of maintaining a Russian soldier is getting lower.

Direct military spending and the cost of lost Russian equipment for the 18 months of the war (from February 24, 2022 to August 24, 2023) amounted to about $167.3 billion, according to Forbes calculations based on data from the General Staff of the Armed Forces. This estimate does not include fixed defense expenditures not related to military operations, as well as economic losses of the aggressor country.

Among the largest items of expenditure are: support for military operations ($51.3 billion), military salaries ($35.1 billion), compensation to the families of the dead ($25.6 billion) and wounded ($21 billion), and the cost of destroyed equipment ($34 billion).

Author - Serhii Kolomiets, 17/09/2023

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