China (People’s Republic of) vs High income: Military expenditure

China (People’s Republic of)
313.66 billion current USD
in 2024
High income
1.96 trillion current USD
in 2024
China (People’s Republic of) rank
2nd
High income rank
2nd

Military expenditure over time

  • China (People’s Republic of)
  • High income
0500.0B1.0T1.5T2.0T196019922024

How they compare

High income currently reports 1.96 trillion current USD against 313.66 billion current USD in China (People’s Republic of), a difference of 1.65 trillion current USD.

That makes High income's figure about 6.3 times China (People’s Republic of)'s.

Across all 36 years both countries report, High income has been ahead every year.

China (People’s Republic of) ranks 2nd and High income ranks 2nd of 167 countries.

High income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade China (People’s Republic of) High income Difference Ahead
1980s 11.25 billion current USD 574.78 billion current USD 563.53 billion current USD High income
1990s 13.41 billion current USD 619.74 billion current USD 606.33 billion current USD High income
2000s 48.20 billion current USD 929.37 billion current USD 881.17 billion current USD High income
2010s 180.05 billion current USD 1.30 trillion current USD 1.12 trillion current USD High income
2020s 289.27 billion current USD 1.65 trillion current USD 1.36 trillion current USD High income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, China (People’s Republic of) or High income?
High income, at 1.96 trillion current USD against 313.66 billion current USD in China (People’s Republic of) as of 2024.
What is the difference in military expenditure between China (People’s Republic of) and High income?
1.65 trillion current USD, with High income ahead.
How many years of comparable data are there for China (People’s Republic of) and High income?
36 years are reported by both, from 1989 to 2024.
How do China (People’s Republic of) and High income rank globally for military expenditure?
China (People’s Republic of) ranks 2nd and High income ranks 2nd of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China (People’s Republic of) vs High income: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 21 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/china/high-income/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)