Market Indexes
Precious Metals
Energy
Commodities
Exchange Rates
Interest Rates
Futures
Top Stocks
Stock Screener
Top 100 Dividend Stocks
U.S. Economic Charts
 GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country
Topic Overview Largest Countries by Population U.S. States by Population U.S. and World Cities by Population

China Military Spending/Defense Budget 1989-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • China military spending/defense budget for 2020 was $252.30B, a 4.98% increase from 2019.
  • China military spending/defense budget for 2019 was $240.33B, a 3.36% increase from 2018.
  • China military spending/defense budget for 2018 was $232.53B, a 10.5% increase from 2017.
  • China military spending/defense budget for 2017 was $210.44B, a 6% increase from 2016.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $252.30B
Russia $61.71B
Brazil $19.74B
Turkey $17.72B
Iran $15.83B
Algeria $9.71B
Colombia $9.22B
Thailand $7.34B
Iraq $7.02B
Mexico $6.12B
Romania $5.73B
Malaysia $3.81B
South Africa $3.15B
Peru $2.63B
Ecuador $2.24B
Azerbaijan $2.24B
Jordan $2.08B
Lebanon $1.92B
Kazakhstan $1.73B
Bulgaria $1.25B
Serbia $1.12B
Belarus $0.84B
Armenia $0.63B
Dominican Republic $0.60B
Botswana $0.55B
Namibia $0.37B
Paraguay $0.36B
Guatemala $0.34B
Gabon $0.27B
Jamaica $0.24B
Albania $0.22B
Bosnia $0.17B
North Macedonia $0.16B
Montenegro $0.10B
Fiji $0.07B
Guyana $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
China Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $252.30B 1.75%
2019 $240.33B 1.73%
2018 $232.53B 1.74%
2017 $210.44B 1.75%
2016 $198.54B 1.77%
2015 $196.54B 1.75%
2014 $182.11B 1.73%
2013 $164.07B 1.70%
2012 $145.13B 1.69%
2011 $125.29B 1.67%
2010 $105.52B 1.74%
2009 $96.60B 1.89%
2008 $78.84B 1.71%
2007 $62.14B 1.74%
2006 $51.45B 1.85%
2005 $42.79B 1.85%
2004 $37.90B 1.93%
2003 $33.14B 1.98%
2002 $30.28B 2.05%
2001 $26.56B 1.98%
2000 $22.24B 1.83%
1999 $20.47B 1.87%
1998 $17.03B 1.66%
1997 $15.70B 1.63%
1996 $14.28B 1.65%
1995 $12.39B 1.69%
1994 $9.87B 1.69%
1993 $12.36B 1.93%
1992 $12.24B 2.45%
1991 $9.80B 2.31%
1990 $9.93B 2.45%
1989 $11.25B 2.45%