Military spending gmsd in Italy

Italy: Military spending gmsd was 41.14 billion in 2023. ◆ Volatile

Latest (2023)
41.14 billion
Change on year
down 0.6%
World rank
12th
of 172 countries
All-time high
49.68 billion
in 2008
All-time low
67.89 million
in 1817
Years of data
208
1816–2023

Military spending gmsd in Italy, 1816–2023

010.0B20.0B30.0B40.0B50.0B181619192023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Italy is 41.14 billion, 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 gmsd in Italy peaked at 49.68 billion in 2008 and was at its lowest, 67.89 million, 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.

Military spending gmsd in Italy, year by year

Annual values for Military spending gmsd in Italy, 1816 to 2023.
Year Value Change
1816 74.33 million —
1817 67.89 million -8.7%
1818 67.95 million +0.1%
1819 68.96 million +1.5%
1820 76.24 million +10.5%
1821 93.59 million +22.8%
1822 90.94 million -2.8%
1823 101.23 million +11.3%
1824 108.91 million +7.6%
1825 109.26 million +0.3%
1826 116.91 million +7.0%
1827 112.40 million -3.9%
1828 123.14 million +9.6%
1829 133.71 million +8.6%
1830 132.59 million -0.8%
1831 167.27 million +26.2%
1832 170.00 million +1.6%
1833 169.12 million -0.5%
1834 152.31 million -9.9%
1835 157.38 million +3.3%
1836 139.41 million -11.4%
1837 141.31 million +1.4%
1838 138.93 million -1.7%
1839 148.59 million +7.0%
1840 165.63 million +11.5%
1841 163.64 million -1.2%
1842 159.49 million -2.5%
1843 175.43 million +10.0%
1844 173.82 million -0.9%
1845 183.06 million +5.3%
1846 179.88 million -1.7%
1847 173.72 million -3.4%
1848 533.56 million +207.1%
1849 347.14 million -34.9%
1850 268.39 million -22.7%
1851 252.07 million -6.1%
1852 238.91 million -5.2%
1853 225.05 million -5.8%
1854 210.49 million -6.5%
1855 287.36 million +36.5%
1856 267.12 million -7.0%
1857 236.63 million -11.4%
1858 241.60 million +2.1%
1859 722.10 million +198.9%
1860 1.36 billion +88.9%
1861 1.58 billion +16.2%
1862 1.71 billion +8.0%
1863 1.69 billion -1.3%
1864 1.69 billion +0.3%
1865 1.28 billion -24.7%
1866 1.32 billion +3.8%
1867 974.48 million -26.3%
1868 883.49 million -9.3%
1869 829.50 million -6.1%
1870 738.31 million -11.0%
1871 751.68 million +1.8%
1872 746.33 million -0.7%
1873 881.67 million +18.1%
1874 835.69 million -5.2%
1875 882.28 million +5.6%
1876 1.01 billion +14.2%
1877 920.74 million -8.6%
1878 998.47 million +8.4%
1879 995.00 million -0.3%
1880 957.51 million -3.8%
1881 1.07 billion +11.7%
1882 1.18 billion +10.2%
1883 1.32 billion +12.2%
1884 1.49 billion +12.9%
1885 1.49 billion -0.1%
1886 1.67 billion +12.0%
1887 1.66 billion -0.6%
1888 1.96 billion +18.3%
1889 1.90 billion -3.2%
1890 1.98 billion +4.2%
1891 1.72 billion -12.9%
1892 1.71 billion -0.6%
1893 1.62 billion -5.3%
1894 1.70 billion +4.9%
1895 1.91 billion +12.3%
1896 1.87 billion -2.3%
1897 1.85 billion -0.8%
1898 1.88 billion +1.5%
1899 1.79 billion -4.9%
1900 1.91 billion +6.7%
1901 1.78 billion -6.5%
1902 1.81 billion +1.5%
1903 1.84 billion +1.3%
1904 1.84 billion +0.1%
1905 1.90 billion +3.6%
1906 2.01 billion +5.4%
1907 2.05 billion +2.3%
1908 2.22 billion +8.1%
1909 2.48 billion +11.7%
1910 2.35 billion -5.0%
1911 3.32 billion +41.2%
1912 3.79 billion +14.1%
1913 3.96 billion +4.5%
1914 2.75 billion -30.5%
1915 2.33 billion -15.6%
1916 3.36 billion +44.4%
1917 3.56 billion +5.9%
1918 4.35 billion +22.4%
1919 3.95 billion -9.3%
1920 3.49 billion -11.5%
1921 4.49 billion +28.5%
1922 4.32 billion -3.6%
1923 3.18 billion -26.6%
1924 2.54 billion -19.9%
1925 2.55 billion +0.3%
1926 2.88 billion +13.0%
1927 3.37 billion +16.8%
1928 3.80 billion +13.0%
1929 3.79 billion -0.3%
1930 4.05 billion +6.7%
1931 4.36 billion +7.8%
1932 4.82 billion +10.5%
1933 5.16 billion +7.1%
1934 6.96 billion +34.9%
1935 8.49 billion +21.9%
1936 17.05 billion +100.8%
1937 16.00 billion -6.2%
1938 14.48 billion -9.5%
1939 13.45 billion -7.2%
1940 9.67 billion -28.1%
1941 8.44 billion -12.6%
1942 6.90 billion -18.3%
1943 5.43 billion -21.3%
1944 4.49 billion -17.3%
1945 4.24 billion -5.6%
1946 3.52 billion -17.1%
1947 3.62 billion +2.9%
1948 4.37 billion +20.9%
1949 5.61 billion +28.3%
1950 5.69 billion +1.5%
1951 6.21 billion +9.0%
1952 7.46 billion +20.2%
1953 7.12 billion -4.6%
1954 7.58 billion +6.5%
1955 7.34 billion -3.2%
1956 8.12 billion +10.7%
1957 8.19 billion +0.8%
1958 8.78 billion +7.2%
1959 8.25 billion -6.0%
1960 8.50 billion +3.0%
1961 9.56 billion +12.5%
1962 10.74 billion +12.4%
1963 11.95 billion +11.2%
1964 13.27 billion +11.1%
1965 14.60 billion +10.0%
1966 14.73 billion +0.9%
1967 14.80 billion +0.5%
1968 15.42 billion +4.2%
1969 14.26 billion -7.5%
1970 15.47 billion +8.4%
1971 17.17 billion +11.0%
1972 19.92 billion +16.0%
1973 19.43 billion -2.5%
1974 18.56 billion -4.5%
1975 16.97 billion -8.5%
1976 16.59 billion -2.3%
1977 17.02 billion +2.6%
1978 19.20 billion +12.8%
1979 21.59 billion +12.5%
1980 20.81 billion -3.6%
1981 21.35 billion +2.6%
1982 23.81 billion +11.5%
1983 24.00 billion +0.8%
1984 26.17 billion +9.0%
1985 26.62 billion +1.8%
1986 29.83 billion +12.0%
1987 33.63 billion +12.7%
1988 34.22 billion +1.8%
1989 34.21 billion -0.0%
1990 34.59 billion +1.1%
1991 35.09 billion +1.4%
1992 35.78 billion +2.0%
1993 33.25 billion -7.1%
1994 32.21 billion -3.2%
1995 32.54 billion +1.0%
1996 33.62 billion +3.3%
1997 34.04 billion +1.3%
1998 35.08 billion +3.1%
1999 34.13 billion -2.7%
2000 34.92 billion +2.3%
2001 35.14 billion +0.6%
2002 38.97 billion +10.9%
2003 42.64 billion +9.4%
2004 46.42 billion +8.9%
2005 42.18 billion -9.1%
2006 42.55 billion +0.9%
2007 47.26 billion +11.0%
2008 49.68 billion +5.1%
2009 39.01 billion -21.5%
2010 33.92 billion -13.0%
2011 33.41 billion -1.5%
2012 31.28 billion -6.4%
2013 30.07 billion -3.9%
2014 28.73 billion -4.5%
2015 26.82 billion -6.7%
2016 27.63 billion +3.0%
2017 31.23 billion +13.0%
2018 33.70 billion +7.9%
2019 36.63 billion +8.7%
2020 38.06 billion +3.9%
2021 40.84 billion +7.3%
2022 41.38 billion +1.3%
2023 41.14 billion -0.6%

Italy compared with similar countries

  • Italy's 41.14 billion is above the median for high income countries, which is 6.50 billion, 6.3× the median. (55 countries reporting)
  • Italy's 41.14 billion is above the median for Europe & Central Asia, which is 2.44 billion, 16.9× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1848 +207.1% 173.72 million 533.56 million
1859 +198.9% 241.60 million 722.10 million
1936 +100.8% 8.49 billion 17.05 billion
1860 +88.9% 722.10 million 1.36 billion

Averages by decade

DecadeAverage LowestHighest Years
1810s 69.78 million 67.89 million 74.33 million 4
1820s 106.63 million 76.24 million 133.71 million 10
1830s 151.69 million 132.59 million 170.00 million 10
1840s 225.54 million 159.49 million 533.56 million 10
1850s 294.97 million 210.49 million 722.10 million 10
1860s 1.33 billion 829.50 million 1.71 billion 10
1870s 875.78 million 738.31 million 1.01 billion 10
1880s 1.47 billion 957.51 million 1.96 billion 10
1890s 1.80 billion 1.62 billion 1.98 billion 10
1900s 1.98 billion 1.78 billion 2.48 billion 10
1910s 3.37 billion 2.33 billion 4.35 billion 10
1920s 3.44 billion 2.54 billion 4.49 billion 10
1930s 9.48 billion 4.05 billion 17.05 billion 10
1940s 5.63 billion 3.52 billion 9.67 billion 10
1950s 7.47 billion 5.69 billion 8.78 billion 10
1960s 12.78 billion 8.50 billion 15.42 billion 10
1970s 18.19 billion 15.47 billion 21.59 billion 10
1980s 27.46 billion 20.81 billion 34.22 billion 10
1990s 34.03 billion 32.21 billion 35.78 billion 10
2000s 41.88 billion 34.92 billion 49.68 billion 10
2010s 31.34 billion 26.82 billion 36.63 billion 10
2020s 40.35 billion 38.06 billion 41.38 billion 4

Countries ranked near Italy

  1. 9 Japan 62.31 billion compare
  2. 10 Germany 62.28 billion compare
  3. 11 South Korea 57.02 billion compare
  4. 13 Australia 38.94 billion compare
  5. 14 Canada 32.57 billion compare
  6. 15 Israel 31.61 billion compare

See the full ranking of 172 places →

More reference data data for Italy

All data for Italy →

Frequently asked questions

What is military spending gmsd in Italy?
Military spending gmsd in Italy was 41.14 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Italy?
The highest recorded value was 49.68 billion in 2008.
What is the lowest military spending gmsd recorded in Italy?
The lowest recorded value was 67.89 million in 1817.
How does Italy rank for military spending gmsd?
Italy ranks 12th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Italy. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/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