SIPRI Yearbook 2015
II. US military expenditure
US military expenditure in 2014 amounted to $610 billion in current prices and exchange rates. In real terms, this represented a decrease of 6.5 per cent compared to 2013, the fourth consecutive year of decline, taking US military spending a little under the level it was in 2005. Total US military spending covers outlays (actual expenditure) from: (a) ‘the base budget’, that is, spending related to the regular activities of the Department of Defense (DOD); (b) Department of Energy spending on the US nuclear arsenal; (c) spending by the Department of State on foreign military aid; (d) military spending in other government departments; and (e) Overseas Contingencies Operations (OCO) spending, which funds US combat operations and other military operations around the world.1
- Citation (MLA):
- Perlo-Freeman, Sam. "9. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 20 Mar. 2025. <https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.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 Mar. 2025, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.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 Mar. 2025, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.xml
Please log in to access full text content, or find out more about how to subscribe.
If you think you should have access to this service, please contact your librarian.