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Contents

SIPRI Yearbook 2016

SIPRI Yearbook 2016

I. Global developments in military expenditure

Chapter:
13. Military expenditure
Source:
SIPRI Yearbook 2016
Author(s):
Sam Perlo-Freeman

World military expenditure is estimated to have been $1676 billion in 2015, an increase of 1.0 per cent in real terms compared to 2014.1 This is the first rise in global military expenditure since 2011, albeit a minor one (see table 13.1 and figure 13.1). Looking at the longer term trend, military spending was 19 per cent higher in real terms in 2015 than in 2006. Total world military expenditure as a share of global gross domestic product (GDP)—the global ‘military burden’—was roughly constant in 2015, at around 2.3 per cent.

Citation (MLA):
Perlo-Freeman, Sam. "13. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 18 Dec. 2018. <http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-083.xml>.
Citation (APA):
Perlo-Freeman, S. (2016). 13. Military expenditure. In SIPRI, SIPRI Yearbook 2016: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 18 Dec. 2018, from http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-083.xml
Citation (Chicago):
Perlo-Freeman, Sam. "13. Military expenditure." In SIPRI Yearbook 2016: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 18 Dec. 2018, from http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-083.xml
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