Military spending in Ukraine 2000-2024

Ukraine's military expenditure decreased by 0.3 percent between 2023 and 2024, having reached 64.7 billion current U.S. dollars. In 2022, when the Russian invasion of Ukraine began, Ukraine increased its defense budget significantly to over 41 billion current U.S. dollars and became one of the countries with the highest military expenditure worldwide. Furthermore, Ukraine was the country with the most significant increase in defense spending over the past decade. 

Key figures on the Ukrainian Army

The number of active military personnel in Ukraine reached 900,000 as of May 2025. Active soldiers exclude reservists and paramilitary personnel. Moreover, Ukraine has one of the most powerful militaries in Europe as per PowerIndex score, which considers military might, financials, as well as logistics and geography.

How much of its GDP does Ukraine on defense?  

Ukraine’s military spending accounted for over one-third of its gross domestic product (GDP) in 2024. This share was considerably larger than in 2021, when it stood at 3.4 percent. The country’s ratio of defense expenditure to GDP has been saw a decline in 2024.