Prefer this file over scraping the HTML page.

# China Military Expenditure (USD)

> China military expenditure (usd) is $313.7B as of Dec 2024, from $296.8B. History from 1989, source World Bank. Free API & MCP access.

Military Expenditure (USD) in China rose to $313.7B in Dec 2024 from $296.8B in Dec 2023.

Military Expenditure (USD) in China averaged $110.4B from 1989 until 2024, reaching an all-time high of $313.7B in Dec 2024 and a record low of $9.8B in Dec 1991. The series is reported yearly with history from 1989.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| $313.7B | $296.8B | $313.7B (Dec 2024) | $9.8B (Dec 1991) | 1989–2024 | USD | annual |

## FAQ

**What is China's military expenditure (usd) right now?**

Military Expenditure (USD) in China is $313.7B as of Dec 2024.

**What are the historical extremes for China's military expenditure (usd)?**

The all-time high is $313.7B (Dec 2024); the record low is $9.8B (Dec 1991), over a series starting in 1989.

**How often is this series updated?**

Military Expenditure (USD) for China is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=china&indicator=military-expenditure-usd`.
Back to [China economy](/china.md).