Ukraine’s annual military expenditures are estimated at UAH 3T.

Of this amount, UAH 1.6T is for the security and defense sectors, said the newly appointed Minister of Defense, Rustem Umerov, on September 6. As he noted, the budget’s revenue totals UAH 1.4T, that is, more than UAH 1.5T needs to be sourced.

According to him, more than a million people have joined the country’s security and defense sector, of which more than 800,000 are in the Ukrainian military. For comparison, before the war this figure was 261,000. Also, defense expenditures have increased by more than six times compared to 2021, and on the Armed Forces, by almost 10 times.

“The defense budget currently makes up a third of GDP, a huge figure for any economy in the world,” Umerov stated.

He specified that by the end of the current year Ukraine will need an additional UAH 250B for monetary support, and that these costs are increasing every day.