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Contents

SIPRI Yearbook 2019

SIPRI Yearbook 2019

I. Global developments in military expenditure

Chapter:
4. Military expenditure
Source:
SIPRI Yearbook 2019
Author(s):
Nan Tian

Global military expenditure in 2018 is estimated to have exceeded $1.8 trillion for the first time.1 The total of $1822 billion was 2.6 per cent higher in real terms than in 2017 and 5.4 per cent higher than in 2009 (see table 4.1 and figure 4.1).2 World military spending has been gradually rising following a post-2009 low in 2014. The world military burden—global military expenditure as a share of global gross domestic product (GDP)—fell to 2.1 per cent in 2018 due to a large increase (6.0 per cent) in global GDP (see figure 4.2).3 Military spending per capita increased from $230 in 2017 to $239 in 2018, as the 1.1 per cent growth in world population was surpassed by the growth in military spending.

Citation (MLA):
Tian, Nan. "4. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 15 Dec. 2019. <https://www.sipriyearbook.org/view/9780198839996/sipri-9780198839996-chapter-4-div1-024.xml>.
Citation (APA):
Tian, N. (2016). 4. Military expenditure. In SIPRI, SIPRI Yearbook 2019: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 15 Dec. 2019, from https://www.sipriyearbook.org/view/9780198839996/sipri-9780198839996-chapter-4-div1-024.xml
Citation (Chicago):
Tian, Nan. "4. Military expenditure." In SIPRI Yearbook 2019: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 15 Dec. 2019, from https://www.sipriyearbook.org/view/9780198839996/sipri-9780198839996-chapter-4-div1-024.xml
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