One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of November 2025). Figures from the previous years are retrieved from the past reports. All numbers have been rounded.
China's official national defense budget amounted to around 1.69 trillion yuan in 2024, representing a consistent growth in the past decade. That year, national defense accounted for roughly six percent of the total national government expenditure. Its share of the GDP has remained constant at 1.3 percent since 2014.
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National Bureau of Statistics of China. (September 30, 2025). Expenditure on national defense in China from 2014 to 2024 (in billion yuan) [Graph]. In Statista. Retrieved May 09, 2026, from https://www.statista.com/statistics/1049681/china-national-defense-spending/
National Bureau of Statistics of China. "Expenditure on national defense in China from 2014 to 2024 (in billion yuan)." Chart. September 30, 2025. Statista. Accessed May 09, 2026. https://www.statista.com/statistics/1049681/china-national-defense-spending/
National Bureau of Statistics of China. (2025). Expenditure on national defense in China from 2014 to 2024 (in billion yuan). Statista. Statista Inc.. Accessed: May 09, 2026. https://www.statista.com/statistics/1049681/china-national-defense-spending/
National Bureau of Statistics of China. "Expenditure on National Defense in China from 2014 to 2024 (in Billion Yuan)." Statista, Statista Inc., 30 Sep 2025, https://www.statista.com/statistics/1049681/china-national-defense-spending/
National Bureau of Statistics of China, Expenditure on national defense in China from 2014 to 2024 (in billion yuan) Statista, https://www.statista.com/statistics/1049681/china-national-defense-spending/ (last visited May 09, 2026)
Expenditure on national defense in China from 2014 to 2024 (in billion yuan) [Graph], National Bureau of Statistics of China, September 30, 2025. [Online]. Available: https://www.statista.com/statistics/1049681/china-national-defense-spending/
