Statizoid

Australia vs Italy: Military spending

Australia
38.94 billion constant 2022 US$
in 2023
Italy
41.14 billion constant 2022 US$
in 2023
Australia rank
13th
Italy rank
12th

Military spending over time

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

How they compare

Italy currently reports 41.14 billion constant 2022 US$ against 38.94 billion constant 2022 US$ in Australia, a difference of 2.20 billion constant 2022 US$.

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.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.