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Every March, as part of its annual state budget, China releases a single overall figure for national military expenditures. [citation needed] As of 2023, the official military budget was announced to be 1.55 trillion yuan, the second largest in the world behind the US. [1]
- List of countries with highest military expenditures - Wikipedia
This is a list of countries with the highest military...
- List of countries with highest military expenditures - Wikipedia
This is a list of countries with the highest military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.
China military spending/defense budget for 2022 was $291.96B, a 2.11% increase from 2021. China military spending/defense budget for 2021 was $285.93B, a 10.84% increase from 2020. China military spending/defense budget for 2020 was $257.97B, a 7.34% increase from 2019.
The China Military Power Report (abbr. CMPR), officially the Military and Security Developments Involving the People's Republic of China, is an annual report produced by the United States Department of Defense for the United States Congress that provides estimates, forecasts, and analysis of the People's Republic of China (PRC) military and secu...
The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. The database is updated annually, which may include updates to data for any of the years included in the database.
In March 2024, China announced a yearly defense budget of RMB 1.67 trillion ($231.3 billion), 1 marking a nominal 7.2 percent increase from the 2023 budget of RMB 1.55 trillion ($224.8 billion). 2 This continues a recent trend that has seen nominal yearly percentage increases in the upper single digits.
Estimated military expenditure at defence sector purchasing power parity, current prices (2024) This chart shows the distribution of countries based on their weighted score for military expenditure, defence sector ppp.
