Military expenditure (current USD), annual growth rate in China (People’s Republic of)

China (People’s Republic of): Military expenditure (current USD), annual growth rate was 5.67 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.67 % change on previous year
Change on year
up 240.6%
World rank
98th
of 164 countries
All-time high
26.88 % change on previous year
in 2008
All-time low
-20.17 % change on previous year
in 1994
Years of data
35
1990–2024

Military expenditure (current USD), annual growth rate in China (People’s Republic of), 1990–2024

-20-1001020301990200720241990: -11.8 % change on previous year1991: -1.2 % change on previous year1992: 24.9 % change on previous year1993: 0.947 % change on previous year1994: -20.2 % change on previous year1995: 25.5 % change on previous year1996: 15.3 % change on previous year1997: 10 % change on previous year1998: 8.5 % change on previous year1999: 20.2 % change on previous year2000: 8.6 % change on previous year2001: 19.4 % change on previous year2002: 14 % change on previous year2003: 9.4 % change on previous year2004: 14.4 % change on previous year2005: 12.9 % change on previous year2006: 20.2 % change on previous year2007: 20.8 % change on previous year2008: 26.9 % change on previous year2009: 22.5 % change on previous year2010: 9.2 % change on previous year2011: 18.7 % change on previous year2012: 15.8 % change on previous year2013: 13.1 % change on previous year2014: 11 % change on previous year2015: 7.9 % change on previous year2016: 1 % change on previous year2017: 6 % change on previous year2018: 10.5 % change on previous year2019: 3.4 % change on previous year2020: 7.3 % change on previous year2021: 10.8 % change on previous year2022: 2.1 % change on previous year2023: 1.7 % change on previous year2024: 5.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

China (People’s Republic of) recorded 5.67 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

The figure is up 240.6% on the previous year and down 48.4% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in China (People’s Republic of) peaked at 26.88 % change on previous year in 2008 and was at its lowest, -20.17 % change on previous year, in 1994.

That places China (People’s Republic of) 98th out of 164 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), annual growth rate in China (People’s Republic of), year by year

Annual values for Military expenditure (current USD), annual growth rate in China (People’s Republic of), 1990 to 2024.
Year % change on previous year Change
1990 -11.78 % change on previous year
1991 -1.25 % change on previous year -89.4%
1992 24.91 % change on previous year -2094.7%
1993 0.9466 % change on previous year -96.2%
1994 -20.17 % change on previous year -2230.9%
1995 25.52 % change on previous year -226.5%
1996 15.26 % change on previous year -40.2%
1997 9.98 % change on previous year -34.6%
1998 8.49 % change on previous year -14.9%
1999 20.21 % change on previous year +138.2%
2000 8.61 % change on previous year -57.4%
2001 19.45 % change on previous year +125.8%
2002 14.02 % change on previous year -27.9%
2003 9.44 % change on previous year -32.6%
2004 14.36 % change on previous year +52.1%
2005 12.89 % change on previous year -10.3%
2006 20.25 % change on previous year +57.1%
2007 20.76 % change on previous year +2.6%
2008 26.88 % change on previous year +29.5%
2009 22.53 % change on previous year -16.2%
2010 9.24 % change on previous year -59.0%
2011 18.73 % change on previous year +102.8%
2012 15.84 % change on previous year -15.4%
2013 13.05 % change on previous year -17.6%
2014 10.99 % change on previous year -15.8%
2015 7.92 % change on previous year -27.9%
2016 1.02 % change on previous year -87.2%
2017 6 % change on previous year +489.6%
2018 10.5 % change on previous year +75.0%
2019 3.36 % change on previous year -68.0%
2020 7.34 % change on previous year +118.8%
2021 10.84 % change on previous year +47.7%
2022 2.11 % change on previous year -80.6%
2023 1.67 % change on previous year -21.0%
2024 5.67 % change on previous year +240.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.21 % change on previous year -20.17 % change on previous year 25.52 % change on previous year 10
2000s 16.92 % change on previous year 8.61 % change on previous year 26.88 % change on previous year 10
2010s 9.66 % change on previous year 1.02 % change on previous year 18.73 % change on previous year 10
2020s 5.52 % change on previous year 1.67 % change on previous year 10.84 % change on previous year 5

Countries ranked near China (People’s Republic of)

  1. 95 Singapore 6.2 % change on previous year compare
  2. 96 Azerbaijan 6.05 % change on previous year compare
  3. 97 Fiji 5.85 % change on previous year compare
  4. 99 Lesotho 5.37 % change on previous year compare
  5. 100 Djibouti 5.09 % change on previous year compare
  6. 101 Cuba 4.94 % change on previous year compare

See the full ranking of 208 places →

More public sector data for China (People’s Republic of)

All data for China (People’s Republic of) →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in China (People’s Republic of)?
Military expenditure (current usd), annual growth rate in China (People’s Republic of) was 5.67 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in China (People’s Republic of)?
The highest recorded value was 26.88 % change on previous year in 2008.
What is the lowest military expenditure (current usd), annual growth rate recorded in China (People’s Republic of)?
The lowest recorded value was -20.17 % change on previous year in 1994.
How does China (People’s Republic of) rank for military expenditure (current usd), annual growth rate?
China (People’s Republic of) ranks 98th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in China (People’s Republic of)?
Over the last ten years it is down 48.4%. The long-run trend across the full record is volatile.
Where does this China (People’s Republic of) data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in China (People’s Republic of). Statizoid, drawing on Statizoid (derived). Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/china/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.