This was revealed by cross-reading of the IISS Military Balance and the last SIPRI's Fact Sheet Stockholm. Where is Italy?.....![Hmm :hmm: :hmm:](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f612.png)
![Defence-budgets-and-expenditure-IISS-Military-Balance-2012.jpg Defence-budgets-and-expenditure-IISS-Military-Balance-2012.jpg](https://shadowspear.com/data/attachments/5/5843-23cfe0b5e8db908006b580c99a0a488b.jpg?hash=I8_gtejbkI)
Also interesting this study about comparative major defense statistics
http://www.tandfonline.com/doi/abs/10.1080/04597222.2011.559833
![Hmm :hmm: :hmm:](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f612.png)
![Defence-budgets-and-expenditure-IISS-Military-Balance-2012.jpg Defence-budgets-and-expenditure-IISS-Military-Balance-2012.jpg](https://shadowspear.com/data/attachments/5/5843-23cfe0b5e8db908006b580c99a0a488b.jpg?hash=I8_gtejbkI)
Also interesting this study about comparative major defense statistics
http://www.tandfonline.com/doi/abs/10.1080/04597222.2011.559833