How much did Italy spend on ww1?

Allied Powers Cost in Dollars in 1914-18
Russia 22,293,950,000
Italy 12,413,998,000
Belgium 1,154,468,000
Romania 1,600,000,000

How much money did Italy spend in First World War?

Table 4: Monetary circulation, exchanges, prices index (1912-1919).

A Financial Policy for a Short War↑

Years 1914-15
General total of revenues 3,804
General total of expenditure 5,631
Expenditure on national defence 3,149
Share of expenditure on national defence as against the total 55.9

How much money did Italy owe after ww1?

According to the Treaty of Peace with Italy, 1947, Italy agreed to pay reparations of about US$125 million to Yugoslavia, US$105 million to Greece, US$100 million to the Soviet Union, US$25 million to Ethiopia, and US$5 million to Albania.

How much did ww1 cost in total?

The total cost of World War I to the United States (was) approximately $32 billion, or 52 percent of gross national product at the time.

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Which country lost the most money in ww1?

Casualties of World War I

Country Total mobilized forces Total casualties
Allied Powers:
Russia 12,000,000 9,150,000
British Empire 8, 904,467 3,190,235
France 2 8,410,000 6,160,800

Who was the richest banker in Italy?

It was the largest and most respected bank in Europe during its prime. There are some estimates that the Medici family was, for a period of time, the wealthiest family in Europe.

Medici Bank.

Industry Financial services; Banking
Fate Liquidated
Headquarters Florence, Republic of Florence (present day Italy)

Why did Italy switch sides in ww2?

After a series of military failures, in July of 1943 Mussolini gave control of the Italian forces to the King, Victor Emmanuel III, who dismissed and imprisoned him. The new government began negotiations with the Allies. The subsequent British invasion of Italy was unopposed.

Is Germany still paying for ww1?

Germany is finally paying off World War I reparations, with the last 70 million euro (£60m) payment drawing the debt to a close. Interest on loans taken out to the pay the debt will be settled on Sunday, the 20th anniversary of German reunification.

How did the US pay off ww2 debt?

In the United States during World War II, government controlled prices and interest rates which produced a higher return of principal in real terms, but lower interest rates to investors. The debt was paid off by allowing economic growth to shrink the deficits.

How much debt did America have after ww1?

Economic growth in the late 19th century, accompanied by inflation, helped make debt a smaller percentage of economic output. But after World War I, the debt-to-GDP ratio hit a record high 33 percent, with a debt of more than $25 billion (roughly $334 billion in today’s dollars).

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Which country has the least soldiers in ww1?

Statistics related to WW1

Question Answer
Which country has the most soldiers in World War One? Russia
Which country had the least soldiers in World War One? Turkey
Which country had the highest number of deaths? Germany
Which country had the least number of deaths? United States

Who has the most soldiers in ww1?

World War One – Statistics

Country Troops Deployed War Cost in Dollars
Russia 12,000,000 $22,293,950,000
Great Britain 8,905,000 $35,334,012,000
United States 4,355,000 $22,625,253,000
France 8,410,000 $24,262,583,000

How much did ww2 cost the US?

1. It was America’s costliest war ever. America’s final bill for the fighting in the Pacific and Europe was massive. In today’s dollars, World War II cost $4.1 trillion, according to data from the Congressional Research Service.

Which country has killed the most in war?

Military > War deaths: Countries Compared

1 Iraq 13,766
2 Sri Lanka 11,144
3 Pakistan 6,665
4 Afghanistan 4,489

Which country has the most soldiers in ww2?


  • SOVIET UNION (21,000,000)
  • GERMANY (17,900,000)
  • UNITED STATES (16,354,000)
  • CHINA (14,000,000)
  • JAPAN (9,100,000)
  • ITALY (9,000,000)
  • GREAT BRITAIN (5,896,000)
  • FRANCE (3,500,000)

How many died in ww1 total?

The total number of military and civilian casualties in World War I, was around 40 million. There were 20 million deaths and 21 million wounded.

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