Military Expenditure (Local Currency) in China

Military expenditure in local currency reached CNY 1,964 bil in 2022 in China, according to the SIPRI Military Expenditure Database. This is 6.48% more than in the previous year.

Historically, military expenditure in local currency in China reached an all time high of CNY 1,964 bil in 2022 and an all time low of CNY 42.4 bil in 1989.

China has been ranked 18th within the group of 150 countries we follow in terms of military expenditure in local currency.