Military expenditure at constant USD prices from 2014 fell 9.85% to USD 28,460 mil in Italy in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Italy reached an all time high of USD 43,897 mil in 2004 and an all time low of USD 28,460 mil in 2015. When compared to Italy's main peers, military expenditure at constant USD prices from 2014 in Austria amounted to USD 3,006 mil, USD 60,747 mil in France, USD 489 mil in Slovenia and USD 5,065 mil in Switzerland in 2015.
Italy has been ranked 12th within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 4 places below the position seen 10 years ago.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Austria | USD mil | 3,557 | 3,536 | 3,456 | 3,411 | 3,278 | ||||||||||||||||
| Belgium | USD mil | 5,926 | 5,675 | 5,476 | 5,415 | 5,244 | ||||||||||||||||
| Croatia | USD mil | 1,131 | 1,048 | 1,085 | 992 | 948 | ||||||||||||||||
| France | USD mil | 68,451 | 65,322 | 63,725 | 62,844 | 62,686 | ||||||||||||||||
| Germany | USD mil | 48,885 | 49,418 | 48,004 | 49,149 | 46,312 | ||||||||||||||||
| Hungary | USD mil | 1,502 | 1,347 | 1,365 | 1,299 | 1,228 | ||||||||||||||||
| Italy | USD mil | 39,897 | 38,772 | 38,047 | 35,342 | 33,948 | ||||||||||||||||
| Slovenia | USD mil | 828 | 824 | 665 | 572 | 507 | ||||||||||||||||
| Spain | USD mil | 21,001 | 21,138 | 19,499 | 19,721 | 17,205 | ||||||||||||||||
| Switzerland | USD mil | 4,817 | 4,652 | 4,777 | 4,688 | 5,091 |
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