Military spending in Italy
Italy: Military spending was 41.14 billion constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
41.14 billion constant 2022 US$
Change on year
down 0.6%
World rank
12th
of 172 countries
All-time high
49.68 billion constant 2022 US$
in 2008
All-time low
67.89 million constant 2022 US$
in 1817
Years of data
208
1816–2023
Military spending in Italy, 1816–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Italy is 41.14 billion constant 2022 US$, measured in 2023.
That represents a change of down 0.6% on the previous year and up 36.8% over ten years.
Over the whole period, military spending in Italy peaked at 49.68 billion constant 2022 US$ in 2008 and was at its lowest, 67.89 million constant 2022 US$, in 1817.
Italy ranks 12th of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1810s | 69.78 million constant 2022 US$ | 67.89 million constant 2022 US$ | 74.33 million constant 2022 US$ | 4 |
| 1820s | 106.63 million constant 2022 US$ | 76.24 million constant 2022 US$ | 133.71 million constant 2022 US$ | 10 |
| 1830s | 151.69 million constant 2022 US$ | 132.59 million constant 2022 US$ | 170.00 million constant 2022 US$ | 10 |
| 1840s | 225.54 million constant 2022 US$ | 159.49 million constant 2022 US$ | 533.56 million constant 2022 US$ | 10 |
| 1850s | 294.97 million constant 2022 US$ | 210.49 million constant 2022 US$ | 722.10 million constant 2022 US$ | 10 |
| 1860s | 1.33 billion constant 2022 US$ | 829.50 million constant 2022 US$ | 1.71 billion constant 2022 US$ | 10 |
| 1870s | 875.78 million constant 2022 US$ | 738.31 million constant 2022 US$ | 1.01 billion constant 2022 US$ | 10 |
| 1880s | 1.47 billion constant 2022 US$ | 957.51 million constant 2022 US$ | 1.96 billion constant 2022 US$ | 10 |
| 1890s | 1.80 billion constant 2022 US$ | 1.62 billion constant 2022 US$ | 1.98 billion constant 2022 US$ | 10 |
| 1900s | 1.98 billion constant 2022 US$ | 1.78 billion constant 2022 US$ | 2.48 billion constant 2022 US$ | 10 |
| 1910s | 3.37 billion constant 2022 US$ | 2.33 billion constant 2022 US$ | 4.35 billion constant 2022 US$ | 10 |
| 1920s | 3.44 billion constant 2022 US$ | 2.54 billion constant 2022 US$ | 4.49 billion constant 2022 US$ | 10 |
| 1930s | 9.48 billion constant 2022 US$ | 4.05 billion constant 2022 US$ | 17.05 billion constant 2022 US$ | 10 |
| 1940s | 5.63 billion constant 2022 US$ | 3.52 billion constant 2022 US$ | 9.67 billion constant 2022 US$ | 10 |
| 1950s | 7.47 billion constant 2022 US$ | 5.69 billion constant 2022 US$ | 8.78 billion constant 2022 US$ | 10 |
| 1960s | 12.78 billion constant 2022 US$ | 8.50 billion constant 2022 US$ | 15.42 billion constant 2022 US$ | 10 |
| 1970s | 18.19 billion constant 2022 US$ | 15.47 billion constant 2022 US$ | 21.59 billion constant 2022 US$ | 10 |
| 1980s | 27.46 billion constant 2022 US$ | 20.81 billion constant 2022 US$ | 34.22 billion constant 2022 US$ | 10 |
| 1990s | 34.03 billion constant 2022 US$ | 32.21 billion constant 2022 US$ | 35.78 billion constant 2022 US$ | 10 |
| 2000s | 41.88 billion constant 2022 US$ | 34.92 billion constant 2022 US$ | 49.68 billion constant 2022 US$ | 10 |
| 2010s | 31.34 billion constant 2022 US$ | 26.82 billion constant 2022 US$ | 36.63 billion constant 2022 US$ | 10 |
| 2020s | 40.35 billion constant 2022 US$ | 38.06 billion constant 2022 US$ | 41.38 billion constant 2022 US$ | 4 |
Countries ranked near Italy
- 9 Japan 62.31 billion constant 2022 US$ compare
- 10 Germany 62.28 billion constant 2022 US$ compare
- 11 South Korea 57.02 billion constant 2022 US$ compare
- 13 Australia 38.94 billion constant 2022 US$ compare
- 14 Canada 32.57 billion constant 2022 US$ compare
- 15 Israel 31.61 billion constant 2022 US$ compare
More reference data data for Italy
- Spring temperature anomalies 0.4267 °C (2026)
- Summer temperature anomalies 2.76 °C (2026)
- Temperature anomalies by month 0.5909 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.896 °C (2025)
- Winter temperature anomalies 1.7 °C (2025)
- Consumer price index 131.87 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Italy?
- Military spending in Italy was 41.14 billion constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Italy?
- The highest recorded value was 49.68 billion constant 2022 US$ in 2008.
- What is the lowest military spending recorded in Italy?
- The lowest recorded value was 67.89 million constant 2022 US$ in 1817.
- How does Italy rank for military spending?
- Italy ranks 12th out of 172 countries with data for 2023.
- Is military spending rising or falling in Italy?
- Over the last ten years it is up 36.8%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
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.