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

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.

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

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: 06 August 2026

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