Russia spent record 44% of federal budget on military in first half of 2026
Russia spent a record 44% of its federal budget on the military in the first half of 2026, according to calculations by researcher Janis Kluge based on Russian Finance Ministry data. Direct military spending totalled 10.7 trillion rubles, about $125 billion.
Why it matters: Moscow is spending like it's total war — 44% of the federal budget is Soviet mobilisation levels, but without admitting mobilisation.