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Defense

65 Years of Military Spending: Trends in SIPRI’s New Data

Money Pile
Courtesy Kenny Cole/Flickr. CC BY 2.0

This article was originally published by the Stockholm International Peace Research Institute (SIPRI) on 21 November 2016.

Today, SIPRI is launching its new extended military expenditure data—free to download from our website—with consistent data going back as far as 1949.

It may seem curious that, although SIPRI has published military expenditure data almost since its creation, starting with data from 1950 in the very first SIPRI Yearbook of 1969/70, for the past 20 years or so we have only been able to provide data going back to 1988. Varying methodologies meant that we could not guarantee consistency between data collected before 1988 and data collected after 1988, and so no meaningful comparisons between these data sets could be made. Until now.