Ukraine’s military expenditures reached $ 5.92 billion. and increased over the year by 10.6%. Such data are presented in the annual report of the Stockholm Institute for Peace Studies (SIPRI), published on Monday, April 26.
Kyiv. Ukraine. Ukraine Gate – April 26, 2021 – Reports
According to SIPRI, in 2019 Ukraine’s military expenditures amounted to 5,419 million dollars, and in 2020 – 5,995 million dollars. In 2020, they currently amount to $ 5,924 million.
Expenditures in hryvnia amount to UAH 140,003 million in 2019 and UAH 159,788 million in 2020, respectively. And as a percentage of GDP – 3.5% and 4.1%, according to experts.
For 2020, security and defense, according to the draft budget, should have been allocated 5.45% of the projected GDP – UAH 245.8 billion. Of which 3% of GDP, UAH 136 billion, was allocated for defense.
By 2021, national security and defense expenditures projected at least 5.93% of GDP for the security and defense sector, while financial security for the needs of the security and defense sector projected at least 267.25 billion UAH.
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Source: Ukrgate
