Ukraine said Saturday that it needed at least $120 billion ( € 103 B) next year to fight Russia’s invasion, and would need a similar amount to maintain its military, even if the war ended.

Ukraine spends around a third of its entire economic output on defence and relies on tens of billions of dollars of financial assistance from its Western allies to keep its economy afloat.

  • Riddick3001@lemmy.worldOP
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    1 day ago

    For context, ofc having a war economy since many years impacts GDP greatly. According to this info the GDP fluctuated the last years around $ 150 B and peaked once at $ 200 B.