SIPRI Yearbook 2020
9. International arms transfers and developments in arms production
The volume of international transfers of major arms grew by 5.5 per cent between 2010–14 and 2015–19, reaching its highest level since the end of the cold war (see figure 9.1). This growth is a continuation of the steady upward trend that began in the early 2000s. However, the total volume for 2015–19 was still 33 per cent lower than the total for 1980–84, when arms transfers peaked. While SIPRI data on arms transfers does not represent their financial value, many arms-exporting states do publish figures on the financial value of their arms exports (see section IV). Based on this data, SIPRI estimates that the total value of the global arms trade was at least $95 billion in 2017 (the most recent year for which data is available).
- Citation (MLA):
- Wezeman, Siemon T.. "9. International arms transfers and developments in arms production." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 20 Mar. 2025. <https://www.sipriyearbook.org/view/9780198869207/sipri-9780198869207-chapter-009.xml>.
- Citation (APA):
- Wezeman, S. (2016). 9. International arms transfers and developments in arms production. In SIPRI, SIPRI Yearbook 2020: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 20 Mar. 2025, from https://www.sipriyearbook.org/view/9780198869207/sipri-9780198869207-chapter-009.xml
- Citation (Chicago):
- Wezeman, Siemon T.. "9. International arms transfers and developments in arms production." In SIPRI Yearbook 2020: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 20 Mar. 2025, from https://www.sipriyearbook.org/view/9780198869207/sipri-9780198869207-chapter-009.xml
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