Military expenditure at constant USD prices from 2014 rose 7.43% to USD 214,485 mil in China in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in China reached an all time high of USD 214,485 mil in 2015 and an all time low of USD 20,212 mil in 1989. When compared to China's main peers, military expenditure at constant USD prices from 2014 in India amounted to USD 51,116 mil, USD 46,346 mil in Japan, USD 91,081 mil in Russia and USD 595,472 mil in USA in 2015.
China has been ranked 2nd within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Bangladesh | USD mil | 1,637 | 1,972 | 2,103 | 2,212 | 2,204 | ||||||||||||||||
| Canada | USD mil | 21,404 | 19,332 | 19,985 | 19,004 | 17,567 | ||||||||||||||||
| China | USD mil | 137,401 | 144,383 | 155,898 | 169,321 | 182,930 | ||||||||||||||||
| Germany | USD mil | 48,885 | 49,418 | 48,004 | 49,149 | 46,312 | ||||||||||||||||
| India | USD mil | 48,277 | 48,470 | 48,940 | 48,766 | 48,406 | ||||||||||||||||
| Japan | USD mil | 46,364 | 46,527 | 47,161 | 46,584 | 46,380 | ||||||||||||||||
| Mexico | USD mil | 5,977 | 6,517 | 6,799 | 7,466 | 7,833 | ||||||||||||||||
| Pakistan | USD mil | 6,879 | 7,134 | 7,520 | 7,975 | 8,238 | ||||||||||||||||
| Russia | USD mil | 59,730 | 60,940 | 65,040 | 75,364 | 79,030 | ||||||||||||||||
| South Korea | USD mil | 33,458 | 33,730 | 34,201 | 35,070 | 36,175 | ||||||||||||||||
| Sri Lanka | USD mil | 1,804 | 1,681 | 1,762 | 1,577 | 1,720 | ||||||||||||||||
| USA | USD mil | 737,747 | 757,992 | 748,646 | 706,082 | 650,081 |
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