Military expenditure in dollars — all countries

Military expenditure in dollars — Italy

Military expenditure in dollars in Italy in 2024 — 37,964,578,317 US$. Ranked 14 in the world out of 151. Since 1960, the indicator has risen by 3,661.4%.

2024 37.96B US$ +2.79% vs 2023
World rank 14of 151
Period maximum 37.96B US$2024
Period minimum 1.01B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Italy, 1960–2024010B20B30B40B19601967197419811988199520022009201620231960: 1,009,308,856 US$1962: 1,222,013,656 US$1964: 1,586,666,708 US$1966: 1,904,604,599 US$1968: 1,991,165,044 US$1970: 2,216,771,793 US$1972: 3,289,362,465 US$1974: 3,890,003,394 US$1976: 3,844,185,965 US$1978: 5,540,992,658 US$1980: 7,915,696,626 US$1982: 8,062,597,403 US$1984: 8,296,144,788 US$1986: 11,941,809,156 US$1988: 17,403,664,790 US$1990: 20,734,625,579 US$1992: 22,177,090,390 US$1994: 18,062,459,082 US$1996: 20,793,128,832 US$1998: 20,825,125,352 US$2000: 19,878,720,932 US$2002: 21,610,059,762 US$2004: 30,261,076,655 US$2006: 29,633,022,263 US$2008: 36,839,989,746 US$2010: 32,020,819,951 US$2012: 29,781,008,205 US$2014: 27,701,034,335 US$2016: 25,033,027,895 US$2018: 28,420,098,438 US$2020: 32,929,093,811 US$2022: 34,691,881,158 US$2024: 37,964,578,317 US$
Change over the period: +36.96B (+3,661.44%) Average annual rate: 5.83 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Italy

Italy 37.96B US$
World 2.65T US$
Southern Europe computed 81.68B US$
Military expenditure in dollars — Italy, by year Italy All countries CSV XLSX
Year US$ Change Change, %
2024 37.96B +1.03B +2.79%
2023 36.93B +2.24B +6.46%
2022 34.69B −1.54B −4.25%
2021 36.23B +3.3B +10.03%
2020 32.93B +6.55B +24.82%
2019 26.38B −2.04B −7.18%
2018 28.42B +1.97B +7.46%
2017 26.45B +1.41B +5.65%
2016 25.03B +2.85B +12.86%
2015 22.18B −5.52B −19.93%
2014 27.7B −2.26B −7.53%
2013 29.96B +176M +0.59%
2012 29.78B −4.05B −11.97%
2011 33.83B +1.81B +5.65%
2010 32.02B −2.03B −5.97%
2009 34.05B −2.79B −7.56%
2008 36.84B +4.86B +15.19%
2007 31.98B +2.35B +7.93%
2006 29.63B −105M −0.35%
2005 29.74B −523M −1.73%
2004 30.26B +3.44B +12.81%
2003 26.82B +5.21B +24.13%
2002 21.61B +2.09B +10.71%
2001 19.52B −359M −1.81%
2000 19.88B −1.14B −5.41%
1999 21.02B +191M +0.92%
1998 20.83B +669M +3.32%
1997 20.16B −637M −3.06%
1996 20.79B +3.61B +20.99%
1995 17.19B −877M −4.85%
1994 18.06B −180M −0.98%
1993 18.24B −3.94B −17.74%
1992 22.18B +591M +2.74%
1991 21.59B +851M +4.1%
1990 20.73B +3.06B +17.31%
1989 17.68B +272M +1.56%
1988 17.4B +1.75B +11.18%
1987 15.65B +3.71B +31.08%
1986 11.94B +3.69B +44.69%
1985 8.25B −42.75M −0.52%
1984 8.3B −113M −1.35%
1983 8.41B +347M +4.3%
1982 8.06B +675M +9.14%
1981 7.39B −528M −6.67%
1980 7.92B +1.01B +14.65%
1979 6.9B +1.36B +24.6%
1978 5.54B +984M +21.61%
1977 4.56B +712M +18.53%
1976 3.84B −373M −8.84%
1975 4.22B +327M +8.41%
1974 3.89B +252M +6.92%
1973 3.64B +349M +10.61%
1972 3.29B +641M +24.22%
1971 2.65B +431M +19.46%
1970 2.22B +213M +10.63%
1969 2B +12.64M +0.63%
1968 1.99B +62.38M +3.23%
1967 1.93B +24.18M +1.27%
1966 1.9B +185M +10.74%
1965 1.72B +133M +8.4%
1964 1.59B +123M +8.43%
1963 1.46B +241M +19.74%
1962 1.22B +159M +14.97%
1961 1.06B +53.6M +5.31%
1960 1.01B

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.