Italy - Military Expenditure
Since 2014, Italy Military Expenditure decreased by 0.7% year on year. In 2019, the country was ranked number 12 among other countries in Military Expenditure at $26,790,436,632.33. Italy is overtaken by Brazil, which was number 11 with $26,945,917,849.9 and is followed by Australia with $25,912,378,303.2. United States ranked the highest with $731,751,400,000 in 2019, an increase of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela recorded the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 26,790,436,632.33 |
| 2018 | 27,807,513,898.23 |
| 2017 | 26,447,892,915.43 |
| 2016 | 25,033,027,894.68 |
| 2015 | 22,180,845,070.42 |
Download all data from 1960 to 2019
How does Italy rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 11 |
#11
Brazil
|
26,945,917,849.90 | 2019 | -4.4 % | -3.8 % | View data | |
| 12 |
#12
Italy
|
26,790,436,632.33 | 2019 | -3.7 % | -0.7 % | View data | |
| 13 |
#13
Australia
|
25,912,378,303.20 | 2019 | -3.5 % | +0.1 % | View data | |