Europe & Central Asia (IDA & IBRD countries) vs Italy: Military expenditure

Europe & Central Asia (IDA & IBRD countries)
302.41 billion current USD
in 2024
Italy
37.96 billion current USD
in 2024
Europe & Central Asia (IDA & IBRD countries) rank
18th
Italy rank
14th

Military expenditure over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Italy
0100.0B200.0B300.0B196019922024

How they compare

Europe & Central Asia (IDA & IBRD countries) currently reports 302.41 billion current USD against 37.96 billion current USD in Italy, a difference of 264.45 billion current USD.

That makes Europe & Central Asia (IDA & IBRD countries)'s figure about 8.0 times Italy's.

The two have swapped places 1 time across 33 shared years of data; in 1992 it was Italy ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 18th and Italy ranks 14th of 44 groups.

Europe & Central Asia (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Italy Difference Ahead
1990s 24.86 billion current USD 19.81 billion current USD 5.05 billion current USD Europe & Central Asia (IDA & IBRD countries)
2000s 55.73 billion current USD 28.03 billion current USD 27.70 billion current USD Europe & Central Asia (IDA & IBRD countries)
2010s 116.08 billion current USD 28.18 billion current USD 87.91 billion current USD Europe & Central Asia (IDA & IBRD countries)
2020s 193.65 billion current USD 35.75 billion current USD 157.89 billion current USD Europe & Central Asia (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Europe & Central Asia (IDA & IBRD countries) or Italy?
Europe & Central Asia (IDA & IBRD countries), at 302.41 billion current USD against 37.96 billion current USD in Italy as of 2024.
What is the difference in military expenditure between Europe & Central Asia (IDA & IBRD countries) and Italy?
264.45 billion current USD, with Europe & Central Asia (IDA & IBRD countries) ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Italy?
33 years are reported by both, from 1992 to 2024.
How do Europe & Central Asia (IDA & IBRD countries) and Italy rank globally for military expenditure?
Europe & Central Asia (IDA & IBRD countries) ranks 18th and Italy ranks 14th of 44 groups.
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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Europe & Central Asia (IDA & IBRD countries) vs Italy: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/europe-and-central-asia-ida-and-ibrd-countries/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
212 places, 10,618 data points, 1960–2024
Last refreshed

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