Military spending in China

China: Military spending was 335.02 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
335.02 billion constant 2024 US$
Change on year
up 7.4%
World rank
2nd
of 162 countries
All-time high
335.02 billion constant 2024 US$
in 2025
All-time low
19.91 billion constant 2024 US$
in 1989
Years of data
37
1989–2025

Military spending in China, 1989–2025

0100.0B200.0B300.0B1989200720251989: 19.9B constant 2024 US$1990: 21.6B constant 2024 US$1991: 23.0B constant 2024 US$1992: 28.0B constant 2024 US$1993: 25.7B constant 2024 US$1994: 24.8B constant 2024 US$1995: 25.7B constant 2024 US$1996: 27.2B constant 2024 US$1997: 29.1B constant 2024 US$1998: 31.7B constant 2024 US$1999: 38.7B constant 2024 US$2000: 41.9B constant 2024 US$2001: 49.6B constant 2024 US$2002: 57.0B constant 2024 US$2003: 61.7B constant 2024 US$2004: 68.0B constant 2024 US$2005: 74.6B constant 2024 US$2006: 85.9B constant 2024 US$2007: 94.4B constant 2024 US$2008: 103.3B constant 2024 US$2009: 125.4B constant 2024 US$2010: 131.5B constant 2024 US$2011: 141.2B constant 2024 US$2012: 155.7B constant 2024 US$2013: 168.4B constant 2024 US$2014: 181.8B constant 2024 US$2015: 196.1B constant 2024 US$2016: 207.4B constant 2024 US$2017: 220.1B constant 2024 US$2018: 233.0B constant 2024 US$2019: 244.4B constant 2024 US$2020: 255.9B constant 2024 US$2021: 262.6B constant 2024 US$2022: 274.2B constant 2024 US$2023: 292.2B constant 2024 US$2024: 311.9B constant 2024 US$2025: 335.0B constant 2024 US$

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

China recorded 335.02 billion constant 2024 US$ for military spending in 2025. That is the highest value across all 37 years on record.

The figure is up 7.4% on the previous year and up 70.9% over ten years.

Over the whole period, military spending in China peaked at 335.02 billion constant 2024 US$ in 2025 and was at its lowest, 19.91 billion constant 2024 US$, in 1989.

That places China 2nd out of 162 countries with data for 2025, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 19.91 billion constant 2024 US$ 19.91 billion constant 2024 US$ 19.91 billion constant 2024 US$ 1
1990s 27.55 billion constant 2024 US$ 21.64 billion constant 2024 US$ 38.67 billion constant 2024 US$ 10
2000s 76.18 billion constant 2024 US$ 41.86 billion constant 2024 US$ 125.36 billion constant 2024 US$ 10
2010s 187.96 billion constant 2024 US$ 131.54 billion constant 2024 US$ 244.38 billion constant 2024 US$ 10
2020s 288.63 billion constant 2024 US$ 255.90 billion constant 2024 US$ 335.02 billion constant 2024 US$ 6

Countries ranked near China

  1. 1 United States 929.16 billion constant 2024 US$ compare
  2. 3 Russia 158.24 billion constant 2024 US$ compare
  3. 4 Germany 106.73 billion constant 2024 US$ compare
  4. 5 India 93.25 billion constant 2024 US$ compare

See the full ranking of 162 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 335.02 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in China?
The highest recorded value was 335.02 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in China?
The lowest recorded value was 19.91 billion constant 2024 US$ in 1989.
How does China rank for military spending?
China ranks 2nd out of 162 countries with data for 2025.
Is military spending rising or falling in China?
Over the last ten years it is up 70.9%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Stockholm International Peace Research Institute (2026) – 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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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.