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Contents

SIPRI Yearbook 2021

SIPRI Yearbook 2021

8. Military expenditure

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

World military expenditure is estimated to have been US$1981 billion in 2020, which is equivalent to around $254 per person. Total spending was 2.6 per cent higher than in 2019 and 9.3 per cent higher than in 2011 (see section I). The global military burden—world military expenditure as a share of world gross domestic product (GDP)—rose by 0.2 percentage points in 2020, to 2.4 per cent. This was the biggest increase in military burden since the 2009 global financial and economic crisis.

Citation (MLA):
Tian, Nan. "8. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 25 Oct. 2021. <https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008.xml>.
Citation (APA):
Tian, N. (2016). 8. Military expenditure. In SIPRI, SIPRI Yearbook 2021: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 25 Oct. 2021, from https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008.xml
Citation (Chicago):
Tian, Nan. "8. Military expenditure." In SIPRI Yearbook 2021: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 25 Oct. 2021, from https://www.sipriyearbook.org/view/9780192847577/sipri-9780192847577-chapter-008.xml
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