Italy - Local Government Expenditures on Defence
Since 2014, Italy Local Government Expenditures on Defence grew 0.2% year on year. With $27.24 Million PPP in 2019, the country was ranked number 7 comparing other countries in Local Government Expenditures on Defence. Italy is overtaken by Denmark, which was ranked number 6 at $31.76 Million PPP and is followed by Czech Republic with $21.3 Million PPP. South Korea lead the ranking with $325.51 Million PPP in 2019, an increase of 1.6% compared to 2018. Switzerland, Israel and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Israel witnessed the best average annual growth at +4.6% per year, while Hungary was the worst growing country at -19.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 27.24 |
| 2018 | 27.20 |
| 2017 | 27.29 |
| 2016 | 26.62 |
| 2015 | 27.08 |
Download all data from 2007 to 2019
How does Italy rank in Local Government Expenditures on Defence?
| # | 13 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
325.51 | 2019 | +1.6 % | +2.4 % | View data | |
| 2 |
#2
Switzerland
|
229.71 | 2019 | +2.1 % | +3.1 % | View data | |
| 6 |
#6
Denmark
|
31.76 | 2019 | -0.7 % | -4.4 % | View data | |
| 7 |
#7
Italy
|
27.24 | 2019 | +0.1 % | +0.1 % | View data | |
| 8 |
#8
Czech Republic
|
21.30 | 2019 | -4.4 % | -14.4 % | View data | |