Italy - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, Italy Government Budget Appropriations or Outlays for R&D in Defence grew 167.7% year on year. In 2019, the country was number 6 among other countries in Government Budget Appropriations or Outlays for R&D in Defence with $12,984.05 Million PPP. Italy is overtaken by United Kingdom, which was number 5 at $16,952.3 Million PPP and is followed by Spain at $7,362.96 Million PPP. United States ranked the highest with $75,118.21 Million PPP in 2019, that is +0.4% compared to 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece recorded the best 5 years average growth at +319.6% per year, while Iceland was the worst growing country at -100% per year.
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Date | Million US Dollars PPP |
---|---|
2019 | 12,984.05 |
2018 | 13,195.72 |
2017 | 12,806.17 |
2016 | 77.79 |
2015 | 85.58 |
How does Italy rank in Government Budget Appropriations or Outlays for R&D in Defence?
# | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
5 |
#5
United Kingdom
|
16,952.30 | 2019 | -3.3 % | +47.2 % | View data | |
6 |
#6
Italy
|
12,984.05 | 2019 | -1.6 % | +167.7 % | View data | |
7 |
#7
Spain
|
7,362.96 | 2019 | -25.5 % | -3.3 % | View data |