Ministry of Finance of Ukraine: military spending in 2027 will amount to $108.3 billion
Spending on the army will take up 67.2% of all budget spending in Ukraine in 2027
Quick Look
- Ukraine's spending on the army in 2027 will reach $108.3 billion, or 67.2% of all budget spending.
- The project also assumes a deficit of 37 billion and a national debt of 276 billion dollars.
AI-generated summary
Why It Matters
The draft state budget of Ukraine is being formed in the context of ongoing large-scale hostilities.
Ukraine's spending on the army in 2027 will amount to $108.3 billion, or 67.2% of all budget spending, the Ukrainian Ministry of Finance reported.
Ukraine's draft state budget for next year assumes a deficit of $37 billion and an increase in public debt to $276 billion. According to the Ministry of Finance of Ukraine, the country's total expenses will amount to $161.2 billion, of which $108.3 billion, or 67.2%, is planned to be used to support the army.
“Expenditures... 67.2% are defense expenditures of the state budget,” according to a presentation by the Ministry of Finance of Ukraine.
Within this amount, Kyiv plans to spend $50.9 billion on weapons and military equipment and $39.7 billion on salaries for military personnel. Another $11 billion will go to “other expenses,” which include financing logistics, supplies, infrastructure and other needs of the Armed Forces of Ukraine. In addition, of the expenses envisaged for the Ukrainian army, $5.8 billion will be reserve funds for unforeseen expenses and another $665 million will be state guarantees to provide loans to defense industry enterprises.
What to Watch
AI outlook — possibilities, not facts
Approval of the draft state budget of Ukraine with a deficit
Likely · Within months
Open Questions
- Which Western programs will cover the deficit with grants?
- How will the $276 billion national debt be serviced?
