Home/Countries/Italy/Military Spending (% of GDP)

ItalyMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #76 of 153
Latest Value
1.6%
2024
YoY Change
+0.2%
20232024
Global Rank
#76
of 153 countries
Maximum
1.7%
2000
Minimum
1.2%
2015
CAGR
-0.3%
25 years
Last
1.6%
Previous
1.6%
Highest
1.7%
Lowest
1.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20241.6%+0.2%
20231.6%-2.7%
20221.7%-0.7%
20211.7%-3.9%
20201.7%+32.4%
20191.3%-3.6%
20181.4%+0.2%
20171.4%+1.8%
20161.3%+10.4%
20151.2%-5.8%
20141.3%-8.3%
20131.4%-2.0%
20121.4%-3.3%
20111.5%-1.7%
20101.5%-3.4%
20091.5%+1.1%
20081.5%+6.2%
20071.4%-4.8%
20061.5%-5.1%
20051.6%-4.6%
20041.7%-1.5%
20031.7%+0.3%
20021.7%+1.6%
20011.7%-3.8%
20001.7%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russian Federation7.1%2024
6Myanmar6.8%2024
7Qatar6.5%2022
8Oman5.6%2024
9Armenia5.5%2024
10Libya5.3%2023
View all 153 countries →

About This Indicator

Definition

Military expenditure by country as percentage of gross domestic product

Methodology

Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.

Source: World Bank - World Development IndicatorsView original source →