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Contents

SIPRI Yearbook 2018

SIPRI Yearbook 2018

I. Global developments in military expenditure

Chapter:
4. Military expenditure
Source:
SIPRI Yearbook 2018
Author(s):
Dan Smith

Global military expenditure is estimated to have been $1739 billion in 2017, the highest level since the end of the cold war. This represents an increase of 1.1 per cent in real terms on 2016 and a 9.8 per cent increase since 2008 (see table 4.1 and figure 4.1).1 The world military burden—global military expenditure as a share of global gross domestic product (GDP)—remained at 2.2 per cent in 2017, while military spending per capita increased to $230 per person.

Citation (MLA):
Smith, Dan. "4. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 19 Dec. 2018. <http://www.sipriyearbook.org/view/9780198821557/sipri-9780198821557-chapter-4-div1-021.xml>.
Citation (APA):
Smith, D. (2016). 4. Military expenditure. In SIPRI, SIPRI Yearbook 2018: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 19 Dec. 2018, from http://www.sipriyearbook.org/view/9780198821557/sipri-9780198821557-chapter-4-div1-021.xml
Citation (Chicago):
Smith, Dan. "4. Military expenditure." In SIPRI Yearbook 2018: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 19 Dec. 2018, from http://www.sipriyearbook.org/view/9780198821557/sipri-9780198821557-chapter-4-div1-021.xml
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