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Contents

SIPRI Yearbook 2017

SIPRI Yearbook 2017

I. Global developments in military expenditure

Chapter:
9. Military expenditure
Source:
SIPRI Yearbook 2017
Author(s):
Nan Tian

World military expenditure is estimated to have been $1686 billion in 2016. This represents a marginal increase of 0.4 per cent in real terms on 2015 and follows on from a 1.1 per cent increase between 2014 and 2015 (see table 9.1 and figure 9.1).1 World military expenditure rose by 14 per cent in real terms in the 10-year period 2007–16. However, this increase actually occurred only between 2007 and 2010. Spending decreased slightly in 2011 and has remained at a fairly constant level since then. The global military burden, the share of world military expenditure as a share of global gross domestic product (GDP), decreased in 2016 to 2.2 per cent due to growth in world GDP.

Citation (MLA):
Tian, Nan. "9. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 17 Oct. 2018. <http://www.sipriyearbook.org/view/9780198811800/sipri-9780198811800-chapter-9-div1-45.xml>.
Citation (APA):
Tian, N. (2016). 9. Military expenditure. In SIPRI, SIPRI Yearbook 2017: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 17 Oct. 2018, from http://www.sipriyearbook.org/view/9780198811800/sipri-9780198811800-chapter-9-div1-45.xml
Citation (Chicago):
Tian, Nan. "9. Military expenditure." In SIPRI Yearbook 2017: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 17 Oct. 2018, from http://www.sipriyearbook.org/view/9780198811800/sipri-9780198811800-chapter-9-div1-45.xml
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