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 July 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.