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The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The military budget of China is the portion of the overall budget of China that is allocated for the funding of the military of China. This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ongoing operations, and development and procurement of new weapons, equipment ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
China is conducting the largest military build-up seen since that of Nazi Germany during the 1930s, one expert warns, after a new Department of Defense report detailed Beijing's operations ...
China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the ...
The China Military Power Report (abbr. CMPR), officially the Military and Security Developments Involving the People's Republic of China, is an annual report produced by the United States Department of Defense for the United States Congress that provides estimates, forecasts, and analysis of the People's Republic of China (PRC) military and security developments for the previous year.
China's 2019 defence spending will rise 7.5 percent from 2018, according to a budget report issued at the opening of the country's annual meeting of parliament on Tuesday, a slower rate than last ...
China's official military budget for 2024 was at 1.67 trillion yuan (US$231 billion), which is an increase of 7.2% over the last year. [257] The Stockholm International Peace Research Institute (SIPRI) estimated that China's military expenditure was US$296 billion in 2023, the second-largest in the world after the United States and accounting ...