Italy Military Expenditure

1.6% +0.0%

Dec 2024 · Annual

Italy's military expenditure stood at 1.61% of GDP in 2024, up slightly from 1.61% in 2023. The figure remains well below the all-time high of 2.99% recorded in 1966 and above the series low of 1.20% in 2015. Data are available from 1960.

Italy Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
1.6%1.6%3.0%Dec 19661.2%Dec 20151960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP137.1%134.7%154.4%95.7%Dec 2025Annual
Military Expenditure (USD)$38.0B$36.9B$38.0B$1.0BDec 2024Annual

About this series

Military Expenditure in Italy averaged 1.6% from 1960 until 2024, reaching an all-time high of 3.0% in Dec 1966 and a record low of 1.2% in Dec 2015. The series is reported yearly with history from 1960.

Military expenditure measures the share of a country's gross domestic product allocated to military spending, including personnel, operations, and procurement. The indicator is reported annually as a percentage of GDP. The series for Italy spans from 1960 to the present.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Italy Military Expenditure FAQ