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Contents

SIPRI Yearbook 2021

SIPRI Yearbook 2021

II. Regional developments in military expenditure, 2020

Chapter:
8. Military expenditure
Source:
SIPRI Yearbook 2021
Author(s):
Nan Tian

The global total military expenditure of US$1981 billion in 2020 was heavily skewed towards two of the world’s five regions.1 The Americas (43 per cent) and Asia and Oceania (27 per cent) together account for more than two-thirds of the world total. Europe was the region with the third highest spending in 2020, with 19 per cent of the total. Africa accounted for the smallest share, with only 2.2 per cent of global military expenditure. The Middle East is estimated to have accounted for roughly 9.0 per cent of the total.

Citation (MLA):
Tian, Nan. "8. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 20 Oct. 2021. <https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008-div1-043.xml>.
Citation (APA):
Tian, N. (2016). 8. Military expenditure. In SIPRI, SIPRI Yearbook 2021: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 20 Oct. 2021, from https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008-div1-043.xml
Citation (Chicago):
Tian, Nan. "8. Military expenditure." In SIPRI Yearbook 2021: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 20 Oct. 2021, from https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008-div1-043.xml
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