Russia Defence and Security Report - Q4 2014

Business Monitor International
August 20, 2014
112 Pages - SKU: BMI5315707
Countries covered: Russia

Russia Defence and Security Report - Q4 2014

BMI View: Despite the dissolution of the Soviet Union and the Warsaw Pact over two decades ago, Russiaremains an important international actor both in the Eurasian region and in the world at large. The countryretains some of the world's biggest armed forces, and has its largest nuclear arsenal.

BMI expects Russia's defence budget to reach USD89.5bn in 2014. The levels of Russian defence spendinghave increased in recent years as the country has taken advantage of its growing economy, and of the globaldemand for gas and hydrocarbons. During the final two years of the forecast period, we expect the defencebudget to reach USD104.2bn and USD110.1bn in 2017 and 2018 respectively.



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