Australia vs Italy: Military expenditure

Australia
33.82 billion current USD
in 2024
Italy
37.96 billion current USD
in 2024
Australia rank
15th
Italy rank
14th

Military expenditure over time

  • Australia
  • Italy
010.0B20.0B30.0B40.0B196019922024

How they compare

Italy currently reports 37.96 billion current USD against 33.82 billion current USD in Australia, a difference of 4.14 billion current USD.

That makes Italy's figure about 1.1 times Australia's.

The two have swapped places 2 times across 65 shared years of data; in 1960 it was Italy ahead.

Australia ranks 15th and Italy ranks 14th of 167 countries.

Italy has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Australia Italy Difference Ahead
1960s 823.76 million current USD 1.59 billion current USD 765.49 million current USD Italy
1970s 2.12 billion current USD 4.07 billion current USD 1.95 billion current USD Italy
1980s 4.81 billion current USD 11.10 billion current USD 6.29 billion current USD Italy
1990s 7.35 billion current USD 20.08 billion current USD 12.73 billion current USD Italy
2000s 12.64 billion current USD 28.03 billion current USD 15.39 billion current USD Italy
2010s 25.77 billion current USD 28.18 billion current USD 2.41 billion current USD Italy
2020s 31.73 billion current USD 35.75 billion current USD 4.02 billion current USD Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Australia or Italy?
Italy, at 37.96 billion current USD against 33.82 billion current USD in Australia as of 2024.
What is the difference in military expenditure between Australia and Italy?
4.14 billion current USD, with Italy ahead.
How many years of comparable data are there for Australia and Italy?
65 years are reported by both, from 1960 to 2024.
How do Australia and Italy rank globally for military expenditure?
Australia ranks 15th and Italy ranks 14th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Italy: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 17 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/australia/italy/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)