[Leondros]

Russia’s military spending in 2016 was $69.2 billion, an increase of 87 per cent since 2007, which has enabled Moscow to modernize its armed forces and use them in the annexation of Crimea from Ukraine in 2014. However, the increased spending is a heavy burden on the Russian economy, which is in serious trouble due to low oil and gas prices. And despite these increases, NATO member states collectively spent over 12 times more on the military in 2016 than Russia. Together, the European NATO members spent $254 billion in 2016—over 3 times more than Russia.

https://natowatch.org/newsbriefs/201...pri-data-shows