SIPRI assesses the impact of military aid to Ukraine on the spending gap with Russia

SIPRI assesses the impact of military aid to Ukraine on the spending gap with Russia

Kyiv  •  UNN

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In 2023, Ukraine's military spending, together with the military aid it received, accounted for about 91% of Russia's $109 billion in military spending, according to SIPRI.

Military aid to Ukraine in 2023 narrowed the gap in spending with Russia, according to a new report by the Stockholm Institute of Peace Research (SIPRI), UNN reports.

Details

Ukraine's military spending in 2023 was 59% of Russia's. However, during the year, Ukraine also received at least $35 billion in military aid, including $25.4 billion from the United States. Taken together, this aid and Ukraine's own military spending were equivalent to about 91% of Russia's

- SIPRI report says.

According to the report, "Ukraine ranked eighth in terms of spending in 2023 after a 51% increase in spending to $64.8 billion." "Ukraine's military burden (military spending as a share of gross domestic product, or GDP) was 37% and reached 58% of total government spending," the analysts said.

"In 2023, Russia's military spending increased by 24%, reaching an estimated $109 billion, 57% more than in 2014, when Russia annexed Crimea. In 2023, Russia's military spending accounted for 16% of total government spending, and its military burden (military spending as a share of gross domestic product, GDP) was 5.9%," the report says.

Amid the war, Ukraine has become the largest importer of weapons in Europe - SIPRIMar 11 2024, 09:49 AM • 28307 views