Military Expenditure in China increased to 266449 USD Million in 2019 from 253492 USD Million in 2018. source: SIPRI

Military Expenditure in China averaged 102191.39 USD Million from 1989 until 2019, reaching an all time high of 266449 USD Million in 2019 and a record low of 20132 USD Million in 1989. China Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in China is expected to reach 300000.00 USD Million by the end of 2021, 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 2022, according to our econometric models.

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China Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
266449.00 253492.00 266449.00 20132.00 1989 - 2019 USD Million Yearly
constant 2018 prices

China Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.80 57.10 66.80 20.60 percent [+]
Government Budget -3.70 -2.80 0.58 -4.20 percent of GDP [+]
Government Budget Value -154.80 -52.20 5885.80 -15554.19 CNY Billion [+]
Government Spending 238874.00 220904.10 238874.00 68.10 CNY HML [+]
Government Revenues 15310.00 41805.00 41805.00 138.36 CNY HML [+]
Fiscal Expenditure 22970.00 35733.00 37742.00 138.60 CNY HML [+]
Credit Rating 80.00 [+]
Military Expenditure 266449.00 253492.00 266449.00 20132.00 USD Million [+]