China
Military Spending Profile
#2
Global Rank
$317.6B
2024 Spending
12.2%
of World Spending
1.7%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+59.4%
Military spending has increased over the past decade
Peak Spending
$317.6B
in 2024 (constant 2023 USD)