Russia has spent at least $200 billion on its war with Ukraine since the start of its full-scale invasion in 2022, U.S. Secretary of Defense Lloyd Austin said at a conference on Dec. 7 in California.

Pentagon Chief Lloyd Austin, speaking at the Reagan National Defense Forum in California, has stated that Russia's losses during the first year of its full-scale war in Ukraine are unprecedented, surpassing the cumulative toll of all conflicts since World War II.

Since the beginning of the full-scale invasion of Ukraine, Russia has spent more than $200 billion on the war against Ukraine, according to Pentagon Chief Lloyd Austin. “And meanwhile, Russia has paid a staggering price for Putin's folly.

Wars have always been expensive, but the cost of Russia’s invasion of Ukraine has reached staggering levels. Over a year into the conflict, both the financial and human toll has been devastating. The impact isn't limited to Russia or Ukraine — it has reshaped global alliances and challenged international stability.