Italy Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Italy military spending/defense budget for 2021 was $32.01B, a 10.67% increase from 2020.
  • Italy military spending/defense budget for 2020 was $28.92B, a 9.63% increase from 2019.
  • Italy military spending/defense budget for 2019 was $26.38B, a 7.18% decline from 2018.
  • Italy military spending/defense budget for 2018 was $28.42B, a 7.46% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Italy Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $32.01B 1.52%
2020 $28.92B 1.53%
2019 $26.38B 1.31%
2018 $28.42B 1.36%
2017 $26.45B 1.36%
2016 $25.03B 1.33%
2015 $22.18B 1.21%
2014 $27.70B 1.28%
2013 $29.96B 1.40%
2012 $29.78B 1.43%
2011 $33.83B 1.48%
2010 $32.02B 1.50%
2009 $34.05B 1.55%
2008 $36.84B 1.54%
2007 $31.98B 1.45%
2006 $29.63B 1.53%
2005 $29.74B 1.61%
2004 $30.26B 1.68%
2003 $26.82B 1.71%
2002 $21.61B 1.71%
2001 $19.52B 1.68%
2000 $19.88B 1.74%
1999 $21.02B 1.68%
1998 $20.83B 1.64%
1997 $20.16B 1.63%
1996 $20.79B 1.59%
1995 $17.19B 1.47%
1994 $18.06B 1.71%
1993 $18.24B 1.79%
1992 $22.18B 1.75%
1991 $21.59B 1.86%
1990 $20.73B 1.88%
1989 $17.68B 2.03%
1988 $17.40B 2.07%
1987 $15.65B 2.06%
1986 $11.94B 1.98%
1985 $8.25B 1.94%
1984 $8.30B 2.01%
1983 $8.41B 2.02%
1982 $8.06B 2.01%
1981 $7.39B 1.82%
1980 $7.92B 1.76%
1979 $6.90B 1.87%
1978 $5.54B 1.88%
1977 $4.56B 1.89%
1976 $3.84B 1.83%
1975 $4.22B 1.98%
1974 $3.89B 2.07%
1973 $3.64B 2.20%
1972 $3.29B 2.39%
1971 $2.65B 2.24%
1970 $2.22B 2.06%
1969 $2.00B 2.42%
1968 $1.99B 2.65%
1967 $1.93B 2.77%
1966 $1.90B 2.99%
1965 $1.72B 2.75%
1964 $1.59B 2.73%
1963 $1.46B 2.75%
1962 $1.22B 2.63%
1961 $1.06B 2.57%
1960 $1.01B 2.71%