Military Expenditure in Italy increased to 28370 USD Million in 2020 from 26381 USD Million in 2019. source: SIPRI

Military Expenditure in Italy averaged 21299.24 USD Million from 1949 until 2020, reaching an all time high of 33838 USD Million in 2004 and a record low of 5588 USD Million in 1949. Italy Military Expenditure - values, historical data and charts - was last updated on August of 2021.

Military Expenditure in Italy is expected to reach 30142.91 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Military Expenditure is projected to trend around 31630.74 USD Million in 2022 and 32354.35 USD Million in 2023, according to our econometric models.

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Italy Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
28370.00 26381.00 33838.00 5588.00 1949 - 2020 USD Million Yearly
Constant 2019 prices

Italy Government Last Previous Highest Lowest Unit
Government Debt to GDP 155.80 134.60 155.80 90.50 percent of GDP [+]
Government Budget -9.50 -1.60 -1.30 -9.50 percent of GDP [+]
Government Budget Value -25.64 -17.06 27.41 -48.99 EUR Billion [+]
Government Spending 81423.70 81619.60 84649.30 60996.40 EUR Million [+]
Government Spending to GDP 57.30 48.60 57.30 46.50 percent of GDP [+]
Government Revenues 39.70 44.30 104.65 2.60 EUR Billion [+]
Government Debt 2686811.20 2680469.30 2686811.20 1320.50 EUR Million [+]
Fiscal Expenditure 65.34 61.36 132.85 1.78 EUR Billion [+]
Military Expenditure 28370.00 26381.00 33838.00 5588.00 USD Million [+]
Credit Rating 61.00 [+]
Asylum Applications 2415.00 2695.00 13510.00 120.00 persons [+]