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Stockholm International Peace Research Institute

SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public. Based in Stockholm, SIPRI also has a presence in Beijing, and is regularly ranked among the most respected think tanks worldwide.

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- SIPRI Military Expenditure Database, 1988-2015
  
  June 2016
  
  Source: Stockholm International Peace Research Institute
  
  Uploaded by: Knoema
  
  Accessed On: 22 June, 2016
  
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  Military expenditure in local currency at current prices is presented according to the financial year of each country. Figures in constant (2014) US$ and as a share of GDP are present according to calendar year, calculated on the assumption that, where financial years do not correspond to calendar years, spending is distributed evenly through the year. SIPRI military expenditure data is based on open sources only, including a SIPRI questionnaire which is sent out annually to all countries included in the database. The collected data is processed to achieve consistent time series which are, as far as possible, in accordance with the SIPRI definition of military expenditure, detailed in the sources and methods.

Stockholm International Peace Research Institute

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