China vs India: Military expenditure

China

313.66 billion current USD

in 2024

India

86.13 billion current USD

in 2024

China rank

2nd

India rank

5th

Military expenditure over time

China currently reports 313.66 billion current USD against 86.13 billion current USD in India, a difference of 227.53 billion current USD.

That makes China's figure about 3.6 times India's.

The two have swapped places 2 times across 36 shared years of data; in 1989 it was China ahead.

Globally, China ranks 2nd and India ranks 5th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)