The Cost of the Ukraine War for Russia

The Cost of the Ukraine War for Russia

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RAND researchers estimated the costs Russia is incurring as a result of its invasion of Ukraine: As of September 2022, military costs reached $40 billion, full-year 2022 gross domestic product losses amounted to between $81 billion and $104 billion, and direct military spending may amount to $132 billion through 2024. However, researchers also found that Russia can afford to sustain these costs for the next several years.

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