🇨🇳 China Military expenditure
China Military expenditure was $313.66B in 2024, up 5.7% from 2023, according to World Bank data. The 10-year average is $252.47B. Historical data available from 1989 to 2024 (36 data points). The all-time high was $313.66B in 2024.
Source: World Bank World Development Indicators • 1989–2024 • 36 data points • Public Sector
Latest Value
$313.66B
2024
Year-on-Year
+5.7%
vs 2023
10-Year Average
$252.47B
2015–2024
Range
High: $313.66B (2024)
Low: $9.80B (1991)
China Military expenditure (current USD) — 1989 to 2024
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About this Indicator
Military spending USD, in current prices (converted at the exchange rate for the given year)
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $313.66B |
| 2023 | $296.82B |
| 2022 | $291.96B |
| 2021 | $285.93B |
| 2020 | $257.97B |
| 2019 | $240.33B |
| 2018 | $232.53B |
| 2017 | $210.44B |
| 2016 | $198.54B |
| 2015 | $196.54B |
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<iframe src="https://nationstat.com/country/china/military-expenditure-current-usd" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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🇨🇳China
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🇮🇩Indonesia
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🇮🇪Ireland
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🇮🇷Iran, Islamic Rep.
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🇮🇶Iraq
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🇮🇸Iceland
0.002024
🇮🇱Israel
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🇮🇹Italy
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🇯🇲Jamaica
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🇯🇴Jordan
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🇯🇵Japan
$55.27B2024
🇰🇿Kazakhstan
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🇰🇪Kenya
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🇰🇬Kyrgyz Republic
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🇰🇭Cambodia
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🇰🇷Korea, Rep.
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🇰🇼Kuwait
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🇱🇦Lao PDR
$22.68M2013
🇱🇧Lebanon
$635.47M2024
🇱🇷Liberia
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🇱🇾Libya
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🇱🇰Sri Lanka
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🇱🇸Lesotho
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🇱🇹Lithuania
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🇱🇺Luxembourg
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🇱🇻Latvia
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🇲🇦Morocco
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🇲🇩Moldova
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🇲🇬Madagascar
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🇲🇽Mexico
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🇲🇰North Macedonia
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🇲🇱Mali
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🇲🇹Malta
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🇳🇿New Zealand
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🇵🇦Panama
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🇵🇪Peru
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🇵🇹Portugal
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🇸🇳Senegal
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🇸🇬Singapore
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🇸🇱Sierra Leone
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🇸🇻El Salvador
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🇷🇸Serbia
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🇸🇸South Sudan
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🇸🇨Seychelles
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🇸🇾Syrian Arab Republic
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🇹🇩Chad
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🇹🇬Togo
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🇹🇭Thailand
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🇹🇯Tajikistan
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🇹🇲Turkmenistan
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🇹🇱Timor-Leste
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🇹🇹Trinidad and Tobago
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🇹🇳Tunisia
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🇹🇷Turkiye
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🇹🇿Tanzania
$920.85M2024
🇺🇬Uganda
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🇺🇦Ukraine
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🇺🇾Uruguay
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🇺🇸United States
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🇺🇿Uzbekistan
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🇻🇪Venezuela, RB
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🇻🇳Viet Nam
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🌐Kosovo
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🇾🇪Yemen, Rep.
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🇿🇦South Africa
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🇿🇲Zambia
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🇿🇼Zimbabwe
$98.39M2024