Italy: Military spending

The latest value from 2022 is 33.49 billion U.S. dollars, a decline from 36.25 billion U.S. dollars in 2021. In comparison, the world average is 14.63 billion U.S. dollars, based on data from 150 countries. Historically, the average for Italy from 1960 to 2022 is 16.4 billion U.S. dollars. The minimum value, 1.01 billion U.S. dollars, was reached in 1960 while the maximum of 36.84 billion U.S. dollars was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.