USD
41.4 UAH ▲0.16%
EUR
45.14 UAH ▲0.98%
GBP
53.67 UAH ▼0.01%
PLN
10.39 UAH ▲1.15%
CZK
1.79 UAH ▲1.26%
The fighting in the 21st century has changed, it is not necessary to bring the c...

The Russian Federation spends 3% of GDP on war: the media calculated how much the invasion of Ukraine costs

The fighting in the 21st century has changed, it is not necessary to bring the costs of up to 50%+ from GDP, as it was at the peak during World War II. The technique has become more accurate, people need less, and President Putin has been elections next year. Since February 24, 2022, the Russian Federation has been running a full -scale war of Ukraine. Thousands of people were killed and an infrastructure for billions of dollars was destroyed.

The British newspaper The Economist calculated how much war for the Kremlin costs. Now the budget of the Russian Federation is quite vague, especially military expenditures, so the authors consulted with experts and analysts to approximately make numbers. Journalists have taken a prediction of the Russian government before invading defense and security, and compared them with actual costs. Now the war costs the Russian Federation of about 67 billion per year or 3% of GDP.

By historical standards, the figure is called scanty, because in the edition compared peak costs in the Second World War, Afghanistan, Vietnam, Afghanistan and Korea. At the Peak of World War II, the United States spent about 50% of GDP for the war, and the USSR was over 61%. There are three reasons why the Russian Federation spends so little in GDP: the Kremlin is advantageous, the goiter was called "special military operation", not war, so fighting cannot be too big.

Economically, the leadership of the Russian Federation tries to make sure that ordinary residents of the Russian Federation do not feel war. Print money will push inflation, which will undermine standard of living. The same will be the same as taxes. And this all happens a year before the presidential election, which should take place in 2024. Putin's victory seems undoubted, but he does not want to potentially embarrass the population, as it was in 2011.

And the third reason is much wider - the current armies are more effective than those that were in the XX century. They need fewer people, the technique becomes more accurate. Therefore, there is no need to spend a large proportion of GDP on the army to have powerful armed forces. We will remind, on May 19 the media wrote that the European industry cannot satisfy Ukraine's military requests at the moment. A month of defense forces requires from 90 to 140 thousand ammunition.