Bolivia vs New Zealand: Military expenditure

Bolivia
4.53 billion current LCU
in 2024
New Zealand
4.96 billion current LCU
in 2024
Bolivia rank
117th
New Zealand rank
115th

Military expenditure over time

  • Bolivia
  • New Zealand
01.0B2.0B3.0B4.0B5.0B196019922024

How they compare

New Zealand currently reports 4.96 billion current LCU against 4.53 billion current LCU in Bolivia, a difference of 429.48 million current LCU.

That makes New Zealand's figure about 1.1 times Bolivia's.

The two have swapped places 4 times across 60 shared years of data; in 1961 it was New Zealand ahead.

Bolivia ranks 117th and New Zealand ranks 115th of 167 countries.

Across the 7 decades both report, Bolivia averaged higher in 1 and New Zealand in 6.

Head to head by decade

Decade Bolivia New Zealand Difference Ahead
1960s 95.93 current LCU 92.63 million current LCU 92.63 million current LCU New Zealand
1970s 1,025 current LCU 251.05 million current LCU 251.05 million current LCU New Zealand
1980s 94.12 million current LCU 1.11 billion current LCU 1.01 billion current LCU New Zealand
1990s 724.72 million current LCU 1.73 billion current LCU 1.01 billion current LCU New Zealand
2000s 1.51 billion current LCU 2.00 billion current LCU 486.60 million current LCU New Zealand
2010s 3.82 billion current LCU 2.78 billion current LCU 1.03 billion current LCU Bolivia
2020s 3.76 billion current LCU 4.56 billion current LCU 803.65 million current LCU New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Bolivia or New Zealand?
New Zealand, at 4.96 billion current LCU against 4.53 billion current LCU in Bolivia as of 2024.
What is the difference in military expenditure between Bolivia and New Zealand?
429.48 million current LCU, with New Zealand ahead.
How many years of comparable data are there for Bolivia and New Zealand?
60 years are reported by both, from 1961 to 2024.
How do Bolivia and New Zealand rank globally for military expenditure?
Bolivia ranks 117th and New Zealand ranks 115th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bolivia vs New Zealand: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/bolivia/new-zealand/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)