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Contents

SIPRI Yearbook 2013

SIPRI Yearbook 2013

I. Global developments in military expenditure

Chapter:
3. Military expenditure
Source:
SIPRI Yearbook 2013
Author(s):
Sam Perlo-Freeman

World military expenditure fell in 2012, for the first time since 1998. The world total is estimated to have been $1756 billion, which is 0.4 per cent lower in real terms than in 2011. Military expenditure as a share of global gross domestic product (GDP)—the global ‘military burden’—also remained stable, at around 2.5 per cent (see table 3.1). The 2008 global financial crisis and subsequent economic turmoil, combined with the winding down of wars in Afghanistan and Iraq, has clearly led to an end to the overall trend of rising military spending that started in 1999.

Citation (MLA):
Perlo-Freeman, Sam. "3. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 15 Dec. 2018. <http://www.sipriyearbook.org/view/9780199678433/sipri-9780199678433-div1-18.xml>.
Citation (APA):
Perlo-Freeman, S. (2016). 3. Military expenditure. In SIPRI, SIPRI Yearbook 2013: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 15 Dec. 2018, from http://www.sipriyearbook.org/view/9780199678433/sipri-9780199678433-div1-18.xml
Citation (Chicago):
Perlo-Freeman, Sam. "3. Military expenditure." In SIPRI Yearbook 2013: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 15 Dec. 2018, from http://www.sipriyearbook.org/view/9780199678433/sipri-9780199678433-div1-18.xml
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