European Parliamentary Research Service By / April 9, 2013

China’s military budgets 1989-2011 (in comparison with USA, Japan, India and EU27 in billion US$)

China’s military budgets 1989-2011 (in comparison with USA, Japan, India and EU27 in billion US$)

China's military budgets 1989-2011 (in comparison with USA, Japan, India and EU27 in billion US$)

Since the 1990s, China has increased its military spending by an average of more than 10 percent per year. The growth even reached 14.5% per year from 2005 to 2011.
Overall Chinese spending increased by 189% from 2001 to 2011, compared to stagnant military spending in almost all developed countries. One notable exception was the US, which started to reduce its military budget only as of 2012.
Today China has the second biggest military budget, after the USA. It is estimated at US$129 billion, compared to $689 billion for the US.

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European Parliamentary Research Service

European Parliamentary Research Service
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