China Military Spending

Defense budget and military expenditure data (1989–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$351.8 billion

Ranked #2 of 153 countries worldwide

Percent of GDP

1.7%

Ranked #92 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $335.0B in 2025

Historical Peak Spending

$368.5 billion

Reached in 2027

China Defense Budget Summary

In 2026, China is estimated to have spent $351.8 billion on military and defense, representing 1.7% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. China is the #2 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $335.0 billion to $351.8 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 2.5% in 1992. The historical average military budget is 1.8% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2024 prices)

Historical Data

YearPercent of GDPUSD (millions)
2027(estimate)1.70%$368,519M
2026(estimate)1.70%$351,768M
20251.72%$335,018M
20241.66%$311,900M
20231.62%$292,221M
20221.59%$274,158M
20211.57%$262,559M
20201.72%$255,895M
20191.65%$244,376M
20181.64%$233,024M
20171.68%$220,129M
20161.73%$207,375M
20151.74%$196,088M
20141.71%$181,814M
20131.68%$168,375M
20121.67%$155,714M
20111.63%$141,206M
20101.70%$131,536M
20091.86%$125,361M
20081.69%$103,311M
20071.72%$94,425M
20061.84%$85,898M
20051.85%$74,625M
20041.91%$67,956M
20031.97%$61,696M
20022.03%$57,008M
20011.96%$49,635M
20001.82%$41,860M
19991.85%$38,674M
19981.64%$31,724M
19971.62%$29,054M
19961.64%$27,234M
19951.68%$25,707M
19941.74%$24,750M
19931.99%$25,723M
19922.47%$27,972M
19912.31%$23,001M
19902.45%$21,640M
19892.45%$19,906M

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