Italy
Military Spending Profile
#13
Global Rank
$37.4B
2024 Spending
1.4%
of World Spending
1.6%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+44.8%
Military spending has increased over the past decade
Peak Spending
$38B
in 2004 (constant 2023 USD)