Military spending in Ukraine 2000-2023

Ukraine's military expenditure increased by 57 percent between 2022 and 2023. In 2022, when the Russian invasion of Ukraine began, Ukraine was estimated to have spent over 41 billion current U.S. dollars on defense. The country had the eighth-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 ArmyThe number of active military personnel in Ukraine reached 200,000 in 2022. Active soldiers exclude reservists and paramilitary personnel. Moreover, Ukraine had the sixth most powerful military 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 the gross domestic product (GDP) in 2023. This share sharply increased compared to 2021, when it stood at 3.4 percent. The country’s ratio of defense expenditure to GDP has been on the rise since 2018.