Military expenditure in dollars — all countries

Military expenditure in dollars — New Zealand

Military expenditure in dollars in New Zealand in 2024 — 2,998,527,518 US$. Ranked 52 in the world out of 151. Since 1960, the indicator has risen by 2,862.4%.

2024 3B US$ −1.01% vs 2023
World rank 52of 151
Period maximum 3.03B US$2023
Period minimum 96.32M US$1962

Trend over time

1960–2024 · US$

Military expenditure in dollars — New Zealand, 1960–202401B2B3B4B19601967197419811988199520022009201620231960: 101,219,676 US$1962: 96,323,106 US$1964: 123,402,031 US$1966: 148,221,481 US$1968: 135,520,022 US$1970: 171,920,028 US$1972: 206,172,013 US$1974: 291,444,123 US$1976: 271,671,526 US$1978: 388,573,502 US$1980: 676,939,261 US$1982: 608,767,757 US$1984: 530,331,805 US$1986: 691,134,040 US$1988: 961,838,312 US$1990: 1,057,749,672 US$1992: 870,398,917 US$1994: 979,531,817 US$1996: 1,238,271,987 US$1998: 969,356,350 US$2000: 858,414,919 US$2002: 865,788,853 US$2004: 1,193,495,611 US$2006: 1,359,530,752 US$2008: 1,534,982,791 US$2010: 1,756,916,553 US$2012: 1,953,081,554 US$2014: 1,994,775,497 US$2016: 1,921,815,617 US$2018: 2,302,338,733 US$2020: 2,810,182,349 US$2022: 2,829,085,839 US$2024: 2,998,527,518 US$
Change over the period: +2.9B (+2,862.4%) Average annual rate: 5.44 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 3B US$
World 2.65T US$
Australia and New Zealand computed 36.82B US$
Military expenditure in dollars — New Zealand, by year New Zealand All countries CSV XLSX
Year US$ Change Change, %
2024 3B −30.5M −1.01%
2023 3.03B +200M +7.07%
2022 2.83B −76.49M −2.63%
2021 2.91B +95.39M +3.39%
2020 2.81B +84.03M +3.08%
2019 2.73B +424M +18.41%
2018 2.3B +157M +7.32%
2017 2.15B +224M +11.63%
2016 1.92B +187M +10.78%
2015 1.73B −260M −13.03%
2014 1.99B +42.36M +2.17%
2013 1.95B −668,091 −0.03%
2012 1.95B +15.4M +0.79%
2011 1.94B +181M +10.29%
2010 1.76B +295M +20.17%
2009 1.46B −72.96M −4.75%
2008 1.53B −56.76M −3.57%
2007 1.59B +232M +17.08%
2006 1.36B +68.89M +5.34%
2005 1.29B +97.15M +8.14%
2004 1.19B +102M +9.39%
2003 1.09B +225M +26.02%
2002 866M +69.15M +8.68%
2001 797M −61.78M −7.2%
2000 858M −112M −11.53%
1999 970M +949,692 +0.1%
1998 969M −212M −17.91%
1997 1.18B −57.38M −4.63%
1996 1.24B +91.86M +8.01%
1995 1.15B +167M +17.04%
1994 980M +113M +13.01%
1993 867M −3.61M −0.41%
1992 870M −119M −12%
1991 989M −68.72M −6.5%
1990 1.06B +98.15M +10.23%
1989 960M −2.24M −0.23%
1988 962M +36.08M +3.9%
1987 926M +235M +33.95%
1986 691M +162M +30.6%
1985 529M −1.14M −0.22%
1984 530M −37.22M −6.56%
1983 568M −41.21M −6.77%
1982 609M −51.59M −7.81%
1981 660M −16.58M −2.45%
1980 677M +240M +54.94%
1979 437M +48.32M +12.43%
1978 389M +81.14M +26.39%
1977 307M +35.76M +13.16%
1976 272M −20.59M −7.04%
1975 292M +815,824 +0.28%
1974 291M +45.11M +18.31%
1973 246M +40.16M +19.48%
1972 206M +25.33M +14.01%
1971 181M +8.92M +5.19%
1970 172M +24.36M +16.51%
1969 148M +12.04M +8.88%
1968 136M −14.07M −9.41%
1967 150M +1.37M +0.92%
1966 148M +21.24M +16.73%
1965 127M +3.58M +2.9%
1964 123M +23.36M +23.35%
1963 100M +3.72M +3.86%
1962 96.32M −355,645 −0.37%
1961 96.68M −4.54M −4.49%
1960 101M

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

AU Australia 33.82B NZ New Zealand 3B

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.