China vs United States of America: Military expenditure

China
2.25 trillion current LCU
in 2024
United States of America
997.31 billion current LCU
in 2024
China rank
26th
United States of America rank
29th

Military expenditure over time

  • China
  • United States of America
0500.0B1.0T1.5T2.0T2.5T196019922024

How they compare

China currently reports 2.25 trillion current LCU against 997.31 billion current LCU in United States of America, a difference of 1.26 trillion current LCU.

That makes China's figure about 2.3 times United States of America's.

The two have swapped places 1 time across 36 shared years of data; in 1989 it was United States of America ahead.

China ranks 26th and United States of America ranks 29th of 167 countries.

Across the 5 decades both report, China averaged higher in 2 and United States of America in 3.

Head to head by decade

Decade China United States of America Difference Ahead
1980s 42.36 billion current LCU 321.87 billion current LCU 279.50 billion current LCU United States of America
1990s 98.62 billion current LCU 304.04 billion current LCU 205.42 billion current LCU United States of America
2000s 368.40 billion current LCU 500.77 billion current LCU 132.37 billion current LCU United States of America
2010s 1.17 trillion current LCU 687.98 billion current LCU 486.23 billion current LCU China
2020s 1.99 trillion current LCU 871.73 billion current LCU 1.12 trillion current LCU China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, China or United States of America?
China, at 2.25 trillion current LCU against 997.31 billion current LCU in United States of America as of 2024.
What is the difference in military expenditure between China and United States of America?
1.26 trillion current LCU, with China ahead.
How many years of comparable data are there for China and United States of America?
36 years are reported by both, from 1989 to 2024.
How do China and United States of America rank globally for military expenditure?
China ranks 26th and United States of America ranks 29th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs United States of America: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/china/united-states/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)