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)
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 December 30, 2024, 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 December 30, 2024. 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: December 30, 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, 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 December 30, 2024)
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/
