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Russia Sets 2027 Defense Budget at 17.1 Trillion Rubles

By Drooid · Sep 28, 2026, 11:07 PM UTC · How we work

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Windfall Tax on Metals

Russia announced a 2027 defense budget of 17.1 trillion rubles, the highest level since the 2022 Ukraine war began.
The budget relies on a new windfall tax on metals and mining firms, expected to generate about 200 billion rubles annually.
State debt will reach 21.7 % of GDP in 2027, above the 20 % safety limit.
Borrowing is expected to rise 43 % in 2027, reaching 7.7 trillion rubles.

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Drone Driven Oil Disruption

Russia said it will spend 17.1 trillion rubles on defense in 2027, highest level since the 2022 invasion.
The increase follows Ukrainian drone strikes that shut Russian oil refineries, disrupting energy supplies.
Russian officials presented the September 2026 parliamentary vote as a referendum on the war.
The Institute of the Study of War said Russia captured 148 sq km in 2026, below the ministry’s 5,300 sq km claim, with Ukraine reclaiming 973 sq km.

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Windfall Tax on Metals

Russia announced a 2027 defense budget of 17.1 trillion rubles, the highest level since the 2022 Ukraine war began.
The budget relies on a new windfall tax on metals and mining firms, expected to generate about 200 billion rubles annually.
State debt will reach 21.7 % of GDP in 2027, above the 20 % safety limit.
Borrowing is expected to rise 43 % in 2027, reaching 7.7 trillion rubles.

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