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Russianomics

Janis Kluge

Russia & Economics

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Issues32Founded3 years agoLast Issue24 days ago
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Latest Issues

Russian military spending surges by 30% in early 2026, raising doubts about budget plans

In recent months, Russia’s Finance Ministry has sounded increasingly alarmed about the federal budget and the costs of the war. A deeper look at budget spending in the first quarter reveals why: Russian military spending continues at an unp...

24 days ago
46
8

Federal budget data shows 71,216 new contract soldiers in Q1 2026, lowest in 3 years

According to the latest data from Russia’s Finance Ministry, the federal government spent just 28.5 billion rubles on recruitment bonuses in January-March 2026. As the federal bonus is currently 400,000 rubles, the total number of new contr...

a month ago
40
2

Russian recruitment fell by 20% in Q1/2026

In early 2026, Russian recruitment was significantly slower than in the previous year. Both official information and estimates based on regional budget data confirm this trend. According to Dmitry Medvedev, the Deputy Chairman of Russia’s S...

3 months ago
76
2

Russia’s consolidated budget deficit reached almost 4% of GDP in 2025

Update: On February 24, Russia’s Finance Ministry published the official data for the consolidated deficit in 2025. It was 8291.5 billion rubles, or 3.9% of GDP.

The consolidated budget balance is usually not a very interesting statistic....

5 months ago
65
11

Russian federal buget: Military spending and recruits in Q3

Russia published its latest federal budget report today. You can analyze the latest data with the Russian budget browser (click here). A few quick conclusions:

Russian military spending is not slowing down

Military spending has contin...

8 months ago
29

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  • Janis Kluge

    Russia & Economics German Institute for International and Security Affairs (SWP Berlin)

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