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

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

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.

Military spending in Italy, year by year

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

Italy compared with similar countries

  • Italy's 41.14 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 6.3× the median. (55 countries reporting)
  • Italy's 41.14 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 16.9× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending 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 constant 2022 US$ 533.56 million constant 2022 US$
1859 +198.9% 241.60 million constant 2022 US$ 722.10 million constant 2022 US$
1936 +100.8% 8.49 billion constant 2022 US$ 17.05 billion constant 2022 US$
1860 +88.9% 722.10 million constant 2022 US$ 1.36 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Japan 62.31 billion constant 2022 US$ compare
  2. 10 Germany 62.28 billion constant 2022 US$ compare
  3. 11 South Korea 57.02 billion constant 2022 US$ compare
  4. 13 Australia 38.94 billion constant 2022 US$ compare
  5. 14 Canada 32.57 billion constant 2022 US$ compare
  6. 15 Israel 31.61 billion constant 2022 US$ 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 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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Military spending in Italy. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/italy/

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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.