In 2023, China's total military spending was estimated at around 296.44 billion U.S. dollars. This was significantly higher than the country's official defense budget, which reached 1,475 billion yuan or 229 billion U.S. dollars in 2022.
Estimated expenditure on the military in China in current prices from 1990 to 2023
(in billion U.S. dollars)
Characteristic
Military spending in billion U.S. dollars
2023
296.44
2022
291.96
2021
285.93
2020
257.97
2019
240.33
2018
232.53
2017
210.44
2016
198.54
2015
196.54
2014
182.11
2013
164.07
2012
145.13
2011
125.29
Created with Highcharts 7.2.2Military spending in billion U.S. dollars9.939.939.89.812.2412.2412.3612.369.879.8712.3912.3914.2814.2815.715.717.0317.0320.4720.4722.2422.2426.5626.5630.2830.2833.1433.1437.937.942.7942.7951.4551.4562.1462.1478.8478.8496.696.6105.52105.52125.29125.29145.13145.13164.07164.07182.11182.11196.54196.54198.54198.54210.44210.44232.53232.53240.33240.33257.97257.97285.93285.93291.96291.96296.44296.441990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
050100150200250300350
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According to the source, all figures are estimates. Figures are displayed in current U.S. dollars. The source does not provide an exact publication date.
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SIPRI. (May 30, 2024). Estimated expenditure on the military in China in current prices from 1990 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/267035/china-military-spending/
SIPRI. "Estimated expenditure on the military in China in current prices from 1990 to 2023 (in billion U.S. dollars)." Chart. May 30, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/267035/china-military-spending/
SIPRI. (2024). Estimated expenditure on the military in China in current prices from 1990 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/267035/china-military-spending/
SIPRI. "Estimated Expenditure on The Military in China in Current Prices from 1990 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/267035/china-military-spending/
SIPRI, Estimated expenditure on the military in China in current prices from 1990 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/267035/china-military-spending/ (last visited February 19, 2025)
Estimated expenditure on the military in China in current prices from 1990 to 2023 (in billion U.S. dollars) [Graph], SIPRI, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/267035/china-military-spending/
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