Military budget of the Russian Federation: Difference between revisions

Alter: title, template type. Add: date, newspaper. Removed accessdate with no specified URL. Removed parameters. Some additions/deletions were actually parameter name changes.| You can use this bot yourself. Report bugs here.| Activated by User:Chris Capoccia | Category:Pages using citations with accessdate and no URL.
m (Alter: title, template type. Add: date, newspaper. Removed accessdate with no specified URL. Removed parameters. Some additions/deletions were actually parameter name changes.| You can use this bot yourself. Report bugs here.| Activated by User:Chris Capoccia | Category:Pages using citations with accessdate and no URL.)
The '''[[military budget]] of [[Russia]]''' is the portion of the overall budget of [[Russia]] that is allocated for the funding of the [[Russian Armed Forces]]. This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ongoing operations, and development and procurement of new weapons, equipment, and vehicles.
In 2014, Russia's military budget of 2.49 [[Trillion (short scale)|trillion]] [[rubles]] (worth approximately US$69.3 billion at 2014 exchange rates) was higher than any other European nation, and approximately 1/7th (14%) of the [[Military budget of the United States|US military budget]].<ref name="auto">{{cite web|last=Kazak|first=Sergey|title=Russia to Up Nuclear Weapons Spending 50% by 2016|url=|publisher=RIA Novosti|accessdate=1 March 2014|archive-url=|archive-date=2013-10-08|dead-url=no|df=}}</ref> However, [[2014–15 Russian financial crisis|a collapse in the value of the Rouble]] greatly reduced the dollar-value of the planned 2015 Russian military budget to US$52 billion, despite a 33% increase in its Rouble-value to 3.3 trillion.<ref>{{cite web|last1=ISACHENKOV|first1=Vladimir|title=Putin Spending Big On Military Modernization Despite Russia's Economic Woes|url=|publisher=Associated Press via Huffington Post|accessdate=8 March 2015|archive-url=|archive-date=2015-03-10|dead-url=no|df=}}</ref> Due to the ongoing crisis the planned 33% increase had to be reduced to 25.6%, meaning the 2015 Russian military budget totalled 3.1 trillion rubles. The originally planned 3.36 trillion budget for 2016 has also been reduced to a planned budget of 3.145 trillion rubles, an increase of only 0.8% over 2015.<ref>{{cite web|last1=Gady|first1=Franz-Stefan|title=Russia’sRussia's Military Spending to Increase Modestly in 2016|url=|website=www.the|publisher=The Diplomat|accessdate=14 January 2016|archive-url=|archive-date=2016-01-13|dead-url=no|df=}}</ref>
==Unofficial estimates==
In 1988 military spending was a single line item in the Soviet state budget, totaling 21 billion rubles (68.8 billion 1988 U.S. dollars). Given the size of the military establishment, however, the actual figure was considered to be far higher. However, in the wake of the breakup of the Soviet Union and the emergence of Russian Federation as an independent state, between 1991 and 1997 Russia's defence spending fell by a factor of eight in real prices.<ref>{{cite book |title=The Armed Forces of Russia in Asia |last=Austin |first=Greg |authorlink= |author2=Alexey Muraviev |year=2000 |publisher=I.B. Tauris |location=London, New York |isbn=1-86064-485-6 |oclc= |page=155 }}</ref> Between 1988 and 1993 weapons production in Russia fell by at least 50% for virtually every major weapons system.
In 1998, when Russian Federation [[1998 Russian financial crisis|experienced a severe financial crisis]], its military expenditure in real terms reached its lowest point— barely one-quarter of the USSR's in 1991, and two-fifths of the level of 1992, the first year of Russia's independent existence. However, since the rise to power of [[Vladimir Putin]] and the exposure of the poor state of preparedness amongst Russia's armed forces in the [[Chechen–Russian conflict#Post-Soviet era|Chechen War]]s and the 2008 invasion of Georgian territories (e.g., [[South Ossetia]]), Russian military spending has rapidly increased, particularly after the [[2008 Russian military reform]]. According to SIPRI, Russian military spending in real terms in 2012 was the highest it has been since Russian Federation's re-emergence as an independent nation, but is still far lower than the estimated military expenditure of the USSR in 1990 - its final full year of existence (US$291 billion at 2012 prices).<ref name="auto1">{{cite web|last=Toohey |first=Nathan |title=Russia’sRussia's defense spending grows to third largest in the world |url= |publisher=Moscow Times |accessdate=1 March 2014 |deadurl=yes |archiveurl= |archivedate=5 March 2014 |df= }}</ref> The budget expanded from 1998 until 2015, but economic problems including a sharp decline in the oil price mean it will be cut by 5.3% in 2016 despite analysts saying that large increases are required to fund the current equipment plans and accommodate high rates of inflation; the navy may be the most likely victim of cuts.<ref>{{cite news | url= | title=Russia’sRussia's defence budget hit by slowdown | first=Kathrin | last=Hille | newspaper=Financial Times | date=15 October 2014 | access-date=2014-10-28 | archive-url= | archive-date=2014-10-20 | dead-url=no | df= }}</ref>
==Comparison with other countries==
|+ Absolute expenditures in [[USD]]
|- style="background:#ececec;"
! '''Country/Region''' || '''Official budget (latest)''' || '''[[Stockholm International Peace Research Institute|SIPRI]] (2012)<ref>{{cite web|title=SIPRI Military Expenditure Database |url= |publisher=Stockholm International Peace Research Institute |accessdate=2 March 2014 |deadurl=yes |archiveurl= |archivedate=8 February 2014 |df= }}</ref> ''' || '''[[IHS Inc.]] (2013)<ref>{{cite web|title=Global Defence Budgets Overall to Rise for First Time in Five Years - Four of the five fastest growing defence markets in 2013 were in the Middle East; Russia grabs third place from Japan and the UK|url=|publisher=IHS inc.|accessdate=2 March 2014|archive-url=|archive-date=2014-03-02|dead-url=no|df=}}</ref> ''' || '''[[International Institute of Strategic Studies|IISS]] (2013)<ref>{{cite web|last=Marcus|first=Johnathan|title=Military spending: Balance tipping towards China|publisher=BBC|accessdate=2 March 2014}}</ref> '''
| '''[[United States]]'''
| '''[[United Kingdom]]'''
| style="text-align:right;"| $56.9 billion<ref>{{cite webnews|last=Porter|first=Henry|title=What budget for defence? First let's work out Britain's place in the world|url=|publishernewspaper=Guardian|accessdate=2 March 2014|archive-url=|archive-date=2014-03-06|dead-url=no|df=|date=2013-02-03}}</ref>
| style="text-align:right;"| $60.8 billion
| style="text-align:right;"| $58.9 billion
| '''[[Japan]]'''
| style="text-align:right;"| $47 billion<ref>{{cite web|title=Plan for Defense Programs and Budget of Japan Ministry of Defense Overview of FY2014 Budget|url=|publisher=Japanese Ministry of Defense|accessdate=2 March 2014|archive-url=|archive-date=2014-03-02|dead-url=no|df=}}</ref>
| style="text-align:right;"| $59.3 billion
| style="text-align:right;"| $56.8 billion