Italy - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Italy was 23,929,220,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 25,149,740,000 in 2008 and a minimum value of 325,262,900 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 325,262,900
1961 343,091,600
1962 394,448,900
1963 472,327,500
1964 512,153,800
1965 555,173,300
1966 614,779,700
1967 622,585,300
1968 642,720,200
1969 646,800,400
1970 715,542,900
1971 848,415,500
1972 990,779,000
1973 1,095,445,000
1974 1,306,551,000
1975 1,421,861,000
1976 1,652,481,000
1977 2,076,467,000
1978 2,428,606,000
1979 2,962,580,000
1980 3,501,255,000
1981 4,337,252,000
1982 5,631,829,000
1983 6,596,601,000
1984 7,527,880,000
1985 8,139,023,000
1986 9,194,464,000
1987 10,477,600,000
1988 11,699,350,000
1989 12,525,330,000
1990 12,829,920,000
1991 13,830,460,000
1992 14,115,360,000
1993 14,825,850,000
1994 15,041,660,000
1995 14,458,010,000
1996 16,569,340,000
1997 17,728,820,000
1998 18,673,390,000
1999 19,726,610,000
2000 21,576,360,000
2001 21,813,100,000
2002 22,961,770,000
2003 23,767,160,000
2004 24,371,210,000
2005 23,912,630,000
2006 23,621,700,000
2007 23,367,580,000
2008 25,149,740,000
2009 24,513,880,000
2010 24,177,160,000
2011 24,334,920,000
2012 23,178,380,000
2013 22,562,720,000
2014 20,879,120,000
2015 20,000,470,000
2016 22,635,960,000
2017 23,572,000,000
2018 23,559,360,000
2019 23,929,220,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade