Military spending in China

China: Military spending was 349.48 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
349.48 billion constant 2022 US$
Change on year
up 3.4%
World rank
2nd
of 172 countries
All-time high
349.48 billion constant 2022 US$
in 2023
All-time low
30.58 million constant 2022 US$
in 1865
Years of data
164
1860–2023

Military spending in China, 1860–2023

0100.0B200.0B300.0B186019412023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending in China is 349.48 billion constant 2022 US$, 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 in China peaked at 349.48 billion constant 2022 US$ in 2023 and was at its lowest, 30.58 million constant 2022 US$, 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 in China, year by year

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

China compared with similar countries

  • China's 349.48 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 279.2× the median. (49 countries reporting)
  • China's 349.48 billion constant 2022 US$ is above the median for East Asia & Pacific, which is 4.15 billion constant 2022 US$, 84.3× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending 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 constant 2022 US$ 4.34 billion constant 2022 US$
1949 +338.4% 4.82 billion constant 2022 US$ 21.14 billion constant 2022 US$
1896 +254.6% 122.20 million constant 2022 US$ 433.38 million constant 2022 US$
1937 +182.2% 2.35 billion constant 2022 US$ 6.62 billion constant 2022 US$
1946 +175.5% 3.18 billion constant 2022 US$ 8.77 billion constant 2022 US$
1898 +174.2% 461.59 million constant 2022 US$ 1.27 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1860s 40.15 million constant 2022 US$ 30.58 million constant 2022 US$ 51.64 million constant 2022 US$ 10
1870s 51.32 million constant 2022 US$ 37.65 million constant 2022 US$ 62.67 million constant 2022 US$ 10
1880s 71.13 million constant 2022 US$ 59.25 million constant 2022 US$ 86.86 million constant 2022 US$ 10
1890s 409.63 million constant 2022 US$ 77.34 million constant 2022 US$ 1.35 billion constant 2022 US$ 10
1900s 1.19 billion constant 2022 US$ 1.03 billion constant 2022 US$ 1.35 billion constant 2022 US$ 10
1910s 1.85 billion constant 2022 US$ 1.28 billion constant 2022 US$ 3.22 billion constant 2022 US$ 10
1920s 2.13 billion constant 2022 US$ 828.09 million constant 2022 US$ 2.63 billion constant 2022 US$ 10
1930s 2.33 billion constant 2022 US$ 1.04 billion constant 2022 US$ 6.62 billion constant 2022 US$ 10
1940s 5.57 billion constant 2022 US$ 814.78 million constant 2022 US$ 21.14 billion constant 2022 US$ 10
1950s 32.61 billion constant 2022 US$ 20.73 billion constant 2022 US$ 48.53 billion constant 2022 US$ 10
1960s 67.03 billion constant 2022 US$ 45.31 billion constant 2022 US$ 93.13 billion constant 2022 US$ 10
1970s 106.43 billion constant 2022 US$ 95.03 billion constant 2022 US$ 117.63 billion constant 2022 US$ 10
1980s 49.87 billion constant 2022 US$ 36.41 billion constant 2022 US$ 88.83 billion constant 2022 US$ 10
1990s 42.09 billion constant 2022 US$ 36.15 billion constant 2022 US$ 49.16 billion constant 2022 US$ 10
2000s 75.87 billion constant 2022 US$ 52.84 billion constant 2022 US$ 95.06 billion constant 2022 US$ 10
2010s 171.12 billion constant 2022 US$ 98.23 billion constant 2022 US$ 268.73 billion constant 2022 US$ 10
2020s 322.23 billion constant 2022 US$ 286.36 billion constant 2022 US$ 349.48 billion constant 2022 US$ 4

Countries ranked near China

  1. 1 United States 1.06 trillion constant 2022 US$ compare
  2. 3 Russia 120.26 billion constant 2022 US$ compare
  3. 4 India 95.30 billion constant 2022 US$ compare
  4. 5 Saudi Arabia 88.35 billion constant 2022 US$ 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 in China?
Military spending in China was 349.48 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in China?
The highest recorded value was 349.48 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in China?
The lowest recorded value was 30.58 million constant 2022 US$ in 1865.
How does China rank for military spending?
China ranks 2nd out of 172 countries with data for 2023.
Is military spending 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 Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in China. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/china/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.