The Cost of the Ukraine War for Russia

reportActive / Technical Report | Accesssion Number: AD1216976 | DOI: 10.7249/RRA2421-1 | Open PDF

Abstract:

In this report, RAND researchers present estimates of what costs Russia is incurring as a result of its invasion of Ukraine. As of September 2022, researchers estimated military costs reached $40 billion. Full-year 2022 gross domestic product losses amounted to between $81 billion and $104 billion and full-year financial capital destruction reached $322 billion. Direct military spending may amount to almost $132 billion through 2024. Over the long term, even with a stalemated war, Russia's economy and the standard of living of its people are likely to decline. The main factor sustaining Russia's economy is the export revenue it earns from oil and gas sales. Despite these significant economic losses, RAND researchers judged these costs to be sustainable for the next several years

Author(s):
Shatz, Howard J. ; Reach, Clint
Author Organization(s):
RAND CORP SANTA MONICA CA
Funding Organization(s):
DEPARTMENT OF DEFENSE WASHINGTON DC, WASHINGTON, DC
Document Type:
Technical Report/Research Report
Publication Date:
2023 Dec 19
Pagination:
82

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution Code:
A - Approved For Public Release
Distribution Statement: Public Release.
Copyright: Not Copyrighted

RECORD

Collection: TRECMS
Identifying Numbers
Contract Number(s):
FA7014-22-D-0001
 Subject Terms
Descriptor(s):
national security, employment, international trade, air force, aircrafts, unmanned aerial vehicles, armored personnel carriers, fuel oils, investments, military science, self propelled guns, warfare, anti-tank missiles, commerce, covid-19, military budgets, petroleum
Keyword(s):
International Economic Relations
Subject Categories:
Behavioral and Social Sciences; Behavioral and Social Sciences; Behavioral and Social Sciences
Creation Date:
2023 Dec 19
Update Date:
2023 Dec 21