Key Market Indicators
Chinese Defence Expenditure is set to reach $310,070,000,000 by 2026 from $261,920,000,000 in 2021, growing 2.7% year on year average rate. Since 1994, Chinese demand jumped by 5.7% year on year. The country came in number 2 in 2021, the United States came ahead at $261,920,000,000. China, India and Russia respectively came in numbers 2, 3 and 4 in this ranking.