Ukraine Military Expenditure

Military expenditure as a percentage of GDP.

Military Expenditure in Ukraine increased to 39.56 percent of GDP in 2025 from 33.96 percent of GDP in 2024.

39.56%
▲ +5.60 pp2025 · previous 33.96%Annual · percent of GDP · Source: World Bank — World Development Indicators

Ukraine Military Expenditure — History

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Ukraine Military Expenditure — analysis in simple words

Latest reading

Military Expenditure in Ukraine increased to 39.56 percent of GDP in 2025 from 33.96 percent of GDP in 2024.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2024) it was 33.96%, so the latest figure is 5.60 percentage points higher.

Over the past five years the average was 27.72%, with a range from 3.43% to 39.56%. The latest value is above that five-year average.

Historical context

This data series starts in 1993 and has 33 annual observations. The latest reading is higher than 97% of all of them.

The highest value on record is 39.56% (2025) and the lowest is 0.43% (1993). The long-run average is 6.70%.

Compared with other countries

Among 156 economies with recent data, Ukraine ranks 1st from the top. The median across all these economies is 1.72%, so Ukraine is above the typical country.

Within Europe & Central Asia (47 economies with data) it ranks 1st; the regional median is 2.03%.

Statistics

Latest
39.56%2025
Previous
33.96%
5-year average
27.72%
Long-run average
6.70%since 1993
All-time high
39.56%2025
All-time low
0.43%1993
Observations
33Annual

Recent Data

PeriodValueChange
202539.56%▲ +5.60 pp
202433.96%▼ −2.08 pp
202336.03%▲ +10.39 pp
202225.64%▲ +22.22 pp
20213.43%▼ −0.97 pp
20204.40%▲ +0.33 pp
20194.07%▲ +0.43 pp
20183.64%▲ +0.39 pp
20173.24%▼ −0.43 pp
20163.67%▼ −0.18 pp
20153.85%▲ +0.88 pp
20142.97%▲ +0.57 pp
20132.39%▲ +0.04 pp
20122.35%▲ +0.10 pp
20112.26%▼ −0.48 pp
20102.74%▼ −0.10 pp
20092.84%▲ +0.17 pp
20082.67%▼ −0.20 pp
20072.87%▲ +0.10 pp
20062.77%▼ −0.02 pp
20052.79%▲ +0.29 pp
20042.51%▼ −0.24 pp
20032.75%▲ +0.07 pp
20022.68%▼ −0.09 pp
20012.77%▼ −0.74 pp
20003.51%▲ +0.63 pp
19992.88%▼ −0.36 pp
19983.24%▼ −0.74 pp
19973.99%▲ +0.81 pp
19963.18%

Military Expenditure — Ukraine vs Peers

Latest available reading for each economy (periods may differ). Ukraine highlighted.

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More Ukraine indicators

Understanding Military Expenditure — a simple guide

What it measures

Military expenditure as a percentage of GDP (World Bank, based on SIPRI data).

How it is calculated

Defence spending ÷ GDP × 100 (SIPRI estimates via World Bank).

Simple example

2.4% means defence spending equals 2.4% of GDP.

▲ When it is high or rising

A larger share of resources goes to defence.

▼ When it is low or falling

A smaller defence budget relative to the economy.

Why it matters for the economy and markets

Defence spending is part of government expenditure and can matter for defence-sector companies.

How to read it

NATO members have a 2% of GDP guideline; figures are estimates for some countries.

Data source

World Bank — World Development Indicators (series MS.MIL.XPND.GD.ZS), annual data from 1993 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current military expenditure of Ukraine?
Ukraine military expenditure was 39.56% in 2025, compared with 33.96% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest military expenditure of Ukraine?
Since 1993, the highest reading was 39.56% (2025) and the lowest was 0.43% (1993).
What does military expenditure measure?
Military expenditure as a percentage of GDP (World Bank, based on SIPRI data).

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.