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Ukraine to spend $98B on military in 2026
Military spending in Ukraine for the year 2026 reached a record high of $98 billion, nearly half of the country's GDP, which was approximately $214 billion in 2025, according to TASS and Ukrainian Ministry of Finance data. Previous reports indicate that military expenditure peaked at a historic level of $84.1 billion, ranking seventh worldwide in terms of defense budget size. This includes the development of military capabilities, troop salaries, and procurement of vital equipment such as AI-powered drone aircraft, reflecting Europe's trend towards focusing on modern defense technology.
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