Military Expenditure in China increased to 239223 USD Million in 2018 from 227829 USD Million in 2017.

Military Expenditure in China averaged 92489.80 USD Million from 1989 until 2018, reaching an all time high of 239223 USD Million in 2018 and a record low of 19287 USD Million in 1989. China Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Military Expenditure in China is expected to reach 300000.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Military Expenditure is projected to trend around 300000.00 USD Million in 2021, according to our econometric models.

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China Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
239223.00 227829.00 239223.00 19287.00 1989 - 2018 USD Million Yearly
constant 2017 prices

China Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.50 46.80 50.50 20.40 percent [+]
Government Budget -2.80 -4.20 0.58 -4.20 percent of GDP [+]
Government Budget Value -460.20 -476.80 5885.80 -15554.19 CNY Billion [+]
Government Spending 238874.00 220904.10 238874.00 68.10 CNY HML [+]
Government Revenues 12043.00 18549.00 35232.00 138.36 CNY HML [+]
Fiscal Expenditure 16426.00 17088.00 32411.00 138.60 CNY HML [+]
Credit Rating 80.00 [+]
Military Expenditure 239223.00 227829.00 239223.00 19287.00 USD Million [+]