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Contents

SIPRI Yearbook 2015

SIPRI Yearbook 2015

I. Global developments in military expenditure

Chapter:
9. Military expenditure
Source:
SIPRI Yearbook 2015
Author(s):
Sam Perlo-Freeman

World military expenditure is estimated to have been $1776 billion in 2014, a fall of 0.4 per cent in real terms compared to 2013.1 This is the third consecutive year in which total global expenditure has decreased, although the rate of decline slowed in 2014 (see table 9.1 and figures 9.1 and 9.2). However, military spending was still 21 per cent higher in real terms than in 2005. Total world military expenditure as a share of global gross domestic product (GDP)— the global ‘military burden’— fell slightly in 2014 to around 2.3 per cent.

Citation (MLA):
Perlo-Freeman, Sam. "9. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 20 Aug. 2019. <https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-2.xml>.
Citation (APA):
Perlo-Freeman, S. (2016). 9. Military expenditure. In SIPRI, SIPRI Yearbook 2015: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 20 Aug. 2019, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-2.xml
Citation (Chicago):
Perlo-Freeman, Sam. "9. Military expenditure." In SIPRI Yearbook 2015: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 20 Aug. 2019, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-2.xml
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