China's Defense Budget

Budget Year	Official Budget					MILITARY EXPENDITURES (ME) Million dollars (WMEAT)
Budget Year	RMB Yuan	= $US	% of GNP	% of CGE	% Increase over last yr	Current	Constant 1999	Constant 1993
1983			6.8	30.4				53,050
1984			5.8	26.1				52,140
1985			5.1	23.8				52,160
1986			4.6	19.3				50,960
1987			4.2	19.5				51,400
1988			3.8	20.0				52,040
1989	25.1	6.7	1.5	19.1		$ 43,300	$ 54,400	51,320
1990	29.0	6.1	1.6	18.8		$ 47,800	$ 57,700	54,110
1991	32.5	6.2	1.5	17.3	-	$ 47,100	$ 54,900	52,000
1992	37.8	6.9	1.4	16.9	13.8	$ 50,100	$ 57,100	54,870
1993	42.7	7.4	1.2	16.2	15.4	$ 52,100	$ 57,900	56,170
1994	55.1	6.6	1.1	-	28.8	$ 53,600	$ 58,400
1995	63.7	7.6	1.0	-	14.5	$ 58,700	$ 62,600
1996	72.0	8.6	1.0	-	-	$ 64,500	$ 67,500
1997	81.3	9.8	1.0	-	-	$ 73,200	$ 75,100
1998	93.5	11.3	1.1	8.7	-	$ 86,100	$ 87,300
1999	107.7	13.0	1.2	8.2	15.2	$ 88,900	$ 88,900
2000	121.3	14.6	1.2	8.3	12.6
2001	141.0	17.0	1.3	8.3	17.7
2002	166.0	20.0	1.4	-	17.6
2003	185.3	22.4	1.4	-	9.6
2004	206.5	25.0	1.7	12.7	11.6
2005	247.7	29.9	1.4%		12.6
2006	280.0	35.3	1.3%		15.
2007	350.92	45.0			17.8
2008	417.8	57.2	1.4		17.6
2009	480.7	70.3			14.9
2010	532.1	77.9			7.5
2011		91.5
2012	670.0	106.4			11.6
2013	720.2	114.3			10.7
GNP = gross national product CGE = central government expenditure There are minor discrepancies in various published reports as to the nominal Rb published budgets. There are significant discrepancies in various published estimates of Yuan to Dollar conversion rates in the early 1990s, with some estimate providing dollar values that are about 2/3 of those reported here. There are substantial discrepancies in estimates of military spending as a fraction of GDP. Some estimates from the early 1990s place the burden as more than double the values reported here. The discontinuity in GDP percentage between 1988 and 1989 is methodological rather than actual.

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Military

China's Defense Budget