Russia Dominates European Defense Spending

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military budget

Newsweek

•

US Politics

Russia Outspends All of Europe on Defense As Pentagon Braces for Cuts

Summary

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82% Informative

Russia 's military spending in 2024 reached an estimated 13.1 trillion rubles ( $145.9 billion ), equivalent to 6.7 percent of GDP.

The sharp increase in Moscow 's military budget reflects its war effort in Ukraine and broader strategic ambitions.

European nations have significantly increased their military expenditures in response to the Ukraine war , reaching a collective $457 billion in 2024 .

Meanwhile, U.S. defense budgets remain constrained by domestic spending concerns, with pressure mounting for cuts at the Pentagon .

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formal

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English

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