World Bank WDI (SIPRI military expenditure) · updated 2026-10-15 · 166 economies tracked
1.72 (2025)
##73 of 166 economies
0.5%
0.7×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1960 - 2025. China climbed from #59 to #73 (overtook Peru). Gaps in a lane = missing data that year.
Key events for China ↓Auto-detected from rank data + curated milestones
Market reforms begin; the economy embarks on decades of rapid growth.
Joins the World Trade Organization, accelerating trade integration.
GDP overtakes Japan to become the world's second-largest economy.
Sharp equity market swings and currency pressure test the economy.
Government Education Expenditure (% of GDP), Government Health Expenditure (% of GDP), General Government Gross Debt (% of GDP), Government Revenue (% of GDP)
No community estimates yet for Government Defence Expenditure (% of GDP) — be the first.