Unveiling New Strength: How Do China and Russia's Military Spending Ratios Compare?

Economics & Macro

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Erlina Fury Santika 06/09/2025 13:00 WIB

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Recently, the leaders of Russia, North Korea, and Indonesia visited China to witness a military parade. The Russia-North Korea-China axis is touted as a new power bloc. What is the military spending

China and Russia's Military Spending as a Percentage of GDP (2000-2024)

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China and Russia's Military Spending as a Percentage of GDP (2000-2024)

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Chinese President Xi Jinping invited several world leaders, including Indonesian President Prabowo Subianto, to the Shanghai Cooperation Organisation (SCO) Summit in Tianjin on August 31st and September 1st.

Furthermore, they witnessed a military parade commemorating the 80th anniversary of China's victory against Japanese aggression and the anti-fascist World War in Beijing on September 3rd.

The most highlighted aspect of the meeting was the presence of Russian President Vladimir Putin, Chinese President Xi Jinping, and North Korean leader Kim Jong Un.

This meeting indirectly sent a political message to the United States (US), according to the Deutsche Welle (DW) media outlet. "The new world is no longer entirely dominated by the US and the West," quoted the DW report.

China, Russia, and North Korea are viewed as a new axis. The military strength of the three is also quite promising, as evidenced by China's symbolic display of various major weapon systems and military personnel during the celebrations.

Citing the Stockholm International Peace Research Institute (SIPRI), China's military expenditure ratio to its gross domestic product (GDP) ranges from 1% to 2% annually.

Between 2000 and 2024, the highest ratio occurred in 2002 at 2.06%, and the lowest in 2021 at 1.61%. The latest data in 2024 reached 1.71%.

Meanwhile, Russia's military expenditure ratio ranges from 3% to 7% of its GDP. Over two decades, the highest ratio was in 2024 at 7.05%, and the lowest in 2007 at 3.12%.

It should be noted that the GDP of both countries differs significantly. For example, the International Monetary Fund (IMF) reported China's nominal GDP at US$18.75 trillion in 2024. In the same year, Russia's (Federation) GDP was US$2.16 trillion.

SIPRI does not have data on North Korea's military expenditure ratio.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Unveiling New Strength: How Do China and Russia's Military Spending Ratios Compare?

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