Australia vs Italy: Military spending gmsd

Australia
38.94 billion
in 2023
Italy
41.14 billion
in 2023
Australia rank
13th
Italy rank
12th

Military spending gmsd over time

  • Australia
  • Italy
010.0B20.0B30.0B40.0B50.0B181619192023

How they compare

Italy currently reports 41.14 billion against 38.94 billion in Australia, a difference of 2.20 billion.

That makes Italy's figure about 1.1 times Australia's.

The two have swapped places 4 times across 104 shared years of data; in 1920 it was Italy ahead.

Australia ranks 13th and Italy ranks 12th of 172 countries.

Across the 11 decades both report, Australia averaged higher in 1 and Italy in 10.

Head to head by decade

Decade Australia Italy Difference Ahead
1920s 295.20 million 3.44 billion 3.15 billion Italy
1930s 419.63 million 9.48 billion 9.06 billion Italy
1940s 10.97 billion 5.63 billion 5.35 billion Australia
1950s 3.49 billion 7.47 billion 3.98 billion Italy
1960s 3.72 billion 12.78 billion 9.06 billion Italy
1970s 8.36 billion 18.19 billion 9.83 billion Italy
1980s 10.72 billion 27.46 billion 16.75 billion Italy
1990s 12.66 billion 34.03 billion 21.37 billion Italy
2000s 19.26 billion 41.88 billion 22.62 billion Italy
2010s 30.07 billion 31.34 billion 1.27 billion Italy
2020s 37.87 billion 40.35 billion 2.48 billion Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending gmsd, Australia or Italy?
Italy, at 41.14 billion against 38.94 billion in Australia as of 2023.
What is the difference in military spending gmsd between Australia and Italy?
2.20 billion, with Italy ahead.
How many years of comparable data are there for Australia and Italy?
104 years are reported by both, from 1920 to 2023.
How do Australia and Italy rank globally for military spending gmsd?
Australia ranks 13th and Italy ranks 12th of 172 countries.
Where does this data come from?
Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Italy: Military spending gmsd. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/australia/italy/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed