Military Expenditure (Local Currency) in China

Military expenditure in local currency reached CNY 2,095,971,833,571 bil in 2023 in China, according to the SIPRI Military Expenditure Database. This is 106,700,891,785% more than in the previous year.

Historically, military expenditure in local currency in China reached an all time high of CNY 2,095,971,833,571 bil in 2023 and an all time low of CNY 42.4 bil in 1989.

China has been ranked 21st within the group of 148 countries we follow in terms of military expenditure in local currency.