Military spending gmsd in China

China: Military spending gmsd was 349.48 billion in 2023. ◆ Volatile

Latest (2023)
349.48 billion
Change on year
up 3.4%
World rank
2nd
of 172 countries
All-time high
349.48 billion
in 2023
All-time low
30.58 million
in 1865
Years of data
164
1860–2023

Military spending gmsd in China, 1860–2023

0100.0B200.0B300.0B186019412023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in China is 349.48 billion, measured in 2023. That is the highest value across all 164 years on record.

The figure is up 3.4% on the previous year and up 139.5% over ten years.

Over the whole period, military spending gmsd in China peaked at 349.48 billion in 2023 and was at its lowest, 30.58 million, in 1865.

China ranks 2nd of 172 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending gmsd in China, year by year

Annual values for Military spending gmsd in China, 1860 to 2023.
Year Value Change
1860 51.64 million —
1861 45.93 million -11.1%
1862 44.46 million -3.2%
1863 37.72 million -15.2%
1864 38.93 million +3.2%
1865 30.58 million -21.5%
1866 32.32 million +5.7%
1867 38.68 million +19.7%
1868 39.50 million +2.1%
1869 41.76 million +5.7%
1870 37.65 million -9.8%
1871 43.80 million +16.4%
1872 45.13 million +3.0%
1873 51.03 million +13.1%
1874 46.28 million -9.3%
1875 48.76 million +5.4%
1876 57.38 million +17.7%
1877 60.40 million +5.3%
1878 60.14 million -0.4%
1879 62.67 million +4.2%
1880 62.31 million -0.6%
1881 59.25 million -4.9%
1882 62.64 million +5.7%
1883 62.08 million -0.9%
1884 69.18 million +11.4%
1885 76.00 million +9.9%
1886 73.07 million -3.9%
1887 73.45 million +0.5%
1888 86.43 million +17.7%
1889 86.86 million +0.5%
1890 98.79 million +13.7%
1891 77.34 million -21.7%
1892 96.47 million +24.7%
1893 95.06 million -1.5%
1894 94.34 million -0.8%
1895 122.20 million +29.5%
1896 433.38 million +254.6%
1897 461.59 million +6.5%
1898 1.27 billion +174.2%
1899 1.35 billion +6.8%
1900 1.21 billion -10.2%
1901 1.03 billion -15.3%
1902 1.11 billion +8.5%
1903 1.14 billion +1.9%
1904 1.17 billion +3.0%
1905 1.23 billion +4.9%
1906 1.24 billion +0.7%
1907 1.22 billion -1.1%
1908 1.24 billion +1.4%
1909 1.35 billion +9.0%
1910 1.28 billion -5.1%
1911 1.32 billion +3.1%
1912 1.32 billion -0.2%
1913 2.25 billion +70.2%
1914 1.41 billion -37.0%
1915 1.52 billion +7.7%
1916 1.84 billion +20.9%
1917 1.63 billion -11.4%
1918 3.22 billion +97.3%
1919 2.67 billion -17.1%
1920 2.25 billion -15.9%
1921 2.61 billion +16.2%
1922 2.63 billion +0.6%
1923 2.57 billion -2.0%
1924 2.39 billion -7.2%
1925 2.49 billion +4.4%
1926 2.63 billion +5.3%
1927 828.09 million -68.5%
1928 1.40 billion +68.7%
1929 1.51 billion +7.9%
1930 1.41 billion -6.7%
1931 1.04 billion -25.7%
1932 1.08 billion +3.9%
1933 1.59 billion +46.7%
1934 2.40 billion +51.0%
1935 2.36 billion -1.6%
1936 2.35 billion -0.7%
1937 6.62 billion +182.2%
1938 1.74 billion -73.8%
1939 2.75 billion +58.2%
1940 3.61 billion +31.6%
1941 3.78 billion +4.6%
1942 814.78 million -78.4%
1943 4.34 billion +433.0%
1944 2.61 billion -39.9%
1945 3.18 billion +22.0%
1946 8.77 billion +175.5%
1947 2.65 billion -69.8%
1948 4.82 billion +82.0%
1949 21.14 billion +338.4%
1950 24.28 billion +14.9%
1951 27.14 billion +11.8%
1952 25.29 billion -6.8%
1953 22.91 billion -9.4%
1954 22.11 billion -3.5%
1955 20.73 billion -6.2%
1956 42.20 billion +103.5%
1957 48.53 billion +15.0%
1958 45.80 billion -5.6%
1959 47.15 billion +3.0%
1960 45.31 billion -3.9%
1961 47.04 billion +3.8%
1962 53.98 billion +14.8%
1963 56.16 billion +4.0%
1964 63.25 billion +12.6%
1965 71.52 billion +13.1%
1966 76.78 billion +7.4%
1967 79.55 billion +3.6%
1968 83.55 billion +5.0%
1969 93.13 billion +11.5%
1970 102.87 billion +10.5%
1971 117.63 billion +14.4%
1972 111.27 billion -5.4%
1973 102.66 billion -7.7%
1974 111.26 billion +8.4%
1975 105.28 billion -5.4%
1976 108.07 billion +2.7%
1977 104.66 billion -3.2%
1978 105.60 billion +0.9%
1979 95.03 billion -10.0%
1980 88.83 billion -6.5%
1981 55.72 billion -37.3%
1982 58.46 billion +4.9%
1983 61.01 billion +4.4%
1984 43.13 billion -29.3%
1985 41.29 billion -4.3%
1986 37.28 billion -9.7%
1987 36.41 billion -2.3%
1988 39.72 billion +9.1%
1989 36.86 billion -7.2%
1990 36.15 billion -1.9%
1991 41.22 billion +14.0%
1992 45.60 billion +10.6%
1993 42.99 billion -5.7%
1994 37.98 billion -11.7%
1995 38.14 billion +0.4%
1996 41.42 billion +8.6%
1997 43.17 billion +4.2%
1998 45.10 billion +4.5%
1999 49.16 billion +9.0%
2000 52.84 billion +7.5%
2001 61.33 billion +16.1%
2002 79.24 billion +29.2%
2003 84.66 billion +6.8%
2004 90.81 billion +7.3%
2005 73.63 billion -18.9%
2006 69.41 billion -5.7%
2007 71.36 billion +2.8%
2008 80.32 billion +12.6%
2009 95.06 billion +18.4%
2010 98.23 billion +3.3%
2011 118.28 billion +20.4%
2012 127.91 billion +8.1%
2013 145.92 billion +14.1%
2014 161.44 billion +10.6%
2015 174.58 billion +8.1%
2016 179.70 billion +2.9%
2017 209.11 billion +16.4%
2018 227.26 billion +8.7%
2019 268.73 billion +18.2%
2020 286.36 billion +6.6%
2021 315.12 billion +10.0%
2022 337.95 billion +7.2%
2023 349.48 billion +3.4%

China compared with similar countries

  • China's 349.48 billion is above the median for upper middle income countries, which is 1.25 billion, 279.2× the median. (49 countries reporting)
  • China's 349.48 billion is above the median for East Asia & Pacific, which is 4.15 billion, 84.3× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1943 +433.0% 814.78 million 4.34 billion
1949 +338.4% 4.82 billion 21.14 billion
1896 +254.6% 122.20 million 433.38 million
1937 +182.2% 2.35 billion 6.62 billion
1946 +175.5% 3.18 billion 8.77 billion
1898 +174.2% 461.59 million 1.27 billion

Averages by decade

DecadeAverage LowestHighest Years
1860s 40.15 million 30.58 million 51.64 million 10
1870s 51.32 million 37.65 million 62.67 million 10
1880s 71.13 million 59.25 million 86.86 million 10
1890s 409.63 million 77.34 million 1.35 billion 10
1900s 1.19 billion 1.03 billion 1.35 billion 10
1910s 1.85 billion 1.28 billion 3.22 billion 10
1920s 2.13 billion 828.09 million 2.63 billion 10
1930s 2.33 billion 1.04 billion 6.62 billion 10
1940s 5.57 billion 814.78 million 21.14 billion 10
1950s 32.61 billion 20.73 billion 48.53 billion 10
1960s 67.03 billion 45.31 billion 93.13 billion 10
1970s 106.43 billion 95.03 billion 117.63 billion 10
1980s 49.87 billion 36.41 billion 88.83 billion 10
1990s 42.09 billion 36.15 billion 49.16 billion 10
2000s 75.87 billion 52.84 billion 95.06 billion 10
2010s 171.12 billion 98.23 billion 268.73 billion 10
2020s 322.23 billion 286.36 billion 349.48 billion 4

Countries ranked near China

  1. 1 United States 1.06 trillion compare
  2. 3 Russia 120.26 billion compare
  3. 4 India 95.30 billion compare
  4. 5 Saudi Arabia 88.35 billion compare

See the full ranking of 172 places →

More reference data data for China

All data for China →

Frequently asked questions

What is military spending gmsd in China?
Military spending gmsd in China was 349.48 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in China?
The highest recorded value was 349.48 billion in 2023.
What is the lowest military spending gmsd recorded in China?
The lowest recorded value was 30.58 million in 1865.
How does China rank for military spending gmsd?
China ranks 2nd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in China?
Over the last ten years it is up 139.5%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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CSV · JSON — 164 observations, free to reuse under CC BY 4.0 (Our World in Data).

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Military spending gmsd in China. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/china/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed