China - Military Expenditure
Since 2014, China Military Expenditure increased 5.4% year on year. With $261,081,940,426.67 in 2019, the country was number 2 among other countries in Military Expenditure. United States lead the ranking with $731,751,400,000 in 2019, that is a growth of 7.2% versus 2018. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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Date | US Dollars |
---|---|
2019 | 261,081,940,426.67 |
2018 | 253,491,536,077.93 |
2017 | 228,466,270,027.36 |
2016 | 216,404,283,039.70 |
2015 | 214,471,495,714.48 |
Download all data from 1989 to 2019
How does China rank in Military Expenditure?
# | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | |
---|---|---|---|---|---|---|
1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data |
2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data |
3 |
#3
India
|
71,124,980,462.92 | 2019 | +7.3 % | +6.9 % | View data |
4 |
#4
Russia
|
65,102,569,652.74 | 2019 | +6.0 % | -5.1 % | View data |
5 |
#5
Saudi Arabia
|
61,866,666,666.67 | 2019 | -16.9 % | -5.2 % | View data |