Italy—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #14 of 156Updated April 2026
Latest Value
$37.96B
2024
YoY Change
+2.8%
2023 → 2024
Global Rank
#14
of 156 countries
Maximum
$37.96B
2024
Minimum
$19.52B
2001
CAGR
+2.7%
25 years
Last
$37.96B
Previous
$36.93B
Highest
$37.96B
Lowest
$19.52B
Source
World Bank World Development Indicators
Italy's military expenditure (usd) was $37.96B in 2024, ranking #14 out of 156 countries. This represents a +2.8% change from 2023. Over the past 25 years, the highest recorded value was $37.96B (2024) and the lowest was $19.52B (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $37.96B | +2.8% |
| 2023 | $36.93B | +6.5% |
| 2022 | $34.69B | -4.3% |
| 2021 | $36.23B | +10.0% |
| 2020 | $32.93B | +24.8% |
| 2019 | $26.38B | -7.2% |
| 2018 | $28.42B | +7.5% |
| 2017 | $26.45B | +5.7% |
| 2016 | $25.03B | +12.9% |
| 2015 | $22.18B | -19.9% |
| 2014 | $27.70B | -7.5% |
| 2013 | $29.96B | +0.6% |
| 2012 | $29.78B | -12.0% |
| 2011 | $33.83B | +5.6% |
| 2010 | $32.02B | -6.0% |
| 2009 | $34.05B | -7.6% |
| 2008 | $36.84B | +15.2% |
| 2007 | $31.98B | +7.9% |
| 2006 | $29.63B | -0.4% |
| 2005 | $29.74B | -1.7% |
| 2004 | $30.26B | +12.8% |
| 2003 | $26.82B | +24.1% |
| 2002 | $21.61B | +10.7% |
| 2001 | $19.52B | -1.8% |
| 2000 | $19.88B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |