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Contents

SIPRI Yearbook 2016

SIPRI Yearbook 2016

II. United States’ military expenditure

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

The United States remained by far the world’s largest military spender in 2015. Its spending of $596 billion was 36 per cent of the world total. This was a decrease of 2.4 per cent in 2015 compared with 2014—the fifth consecutive year of decline but one of the lowest annual rates of reduction since 2010 (the year with the highest level of US spending recorded by SIPRI). The average rate of decline for the years 2010 to 2014 was 5.3 per cent. Looking at the 10-year trend, spending in 2015 was 3.9 per cent (or $24.2 billion in constant 2014 prices) lower than in 2006.

Citation (MLA):
Perlo-Freeman, Sam. "13. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 16 Dec. 2018. <http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-084.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 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-084.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 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780198787280/sipri-9780198787280-chapter-013-div1-084.xml
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