New Zealand vs Switzerland: Military expenditure

New Zealand
4.96 billion current LCU
in 2024
Switzerland
5.92 billion current LCU
in 2024
New Zealand rank
115th
Switzerland rank
114th

Military expenditure over time

  • New Zealand
  • Switzerland
02.0B4.0B6.0B196019922024

How they compare

Switzerland currently reports 5.92 billion current LCU against 4.96 billion current LCU in New Zealand, a difference of 961.02 million current LCU.

That makes Switzerland's figure about 1.2 times New Zealand's.

Across all 65 years both countries report, Switzerland has been ahead every year.

New Zealand ranks 115th and Switzerland ranks 114th of 167 countries.

Switzerland has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade New Zealand Switzerland Difference Ahead
1960s 93.19 million current LCU 1.41 billion current LCU 1.32 billion current LCU Switzerland
1970s 251.05 million current LCU 2.63 billion current LCU 2.38 billion current LCU Switzerland
1980s 1.11 billion current LCU 4.29 billion current LCU 3.19 billion current LCU Switzerland
1990s 1.73 billion current LCU 5.35 billion current LCU 3.61 billion current LCU Switzerland
2000s 2.00 billion current LCU 4.42 billion current LCU 2.43 billion current LCU Switzerland
2010s 2.78 billion current LCU 4.49 billion current LCU 1.71 billion current LCU Switzerland
2020s 4.56 billion current LCU 5.48 billion current LCU 916.28 million current LCU Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, New Zealand or Switzerland?
Switzerland, at 5.92 billion current LCU against 4.96 billion current LCU in New Zealand as of 2024.
What is the difference in military expenditure between New Zealand and Switzerland?
961.02 million current LCU, with Switzerland ahead.
How many years of comparable data are there for New Zealand and Switzerland?
65 years are reported by both, from 1960 to 2024.
How do New Zealand and Switzerland rank globally for military expenditure?
New Zealand ranks 115th and Switzerland ranks 114th 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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New Zealand vs Switzerland: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 02 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/new-zealand/switzerland/

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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)