Republic of Korea vs New Zealand: Military expenditure (current USD), annual growth rate
Republic of Korea
-0.4824 % change on previous year
in 2024
New Zealand
-1.01 % change on previous year
in 2024
Republic of Korea rank
122nd
New Zealand rank
123rd
Military expenditure (current USD), annual growth rate over time
- Republic of Korea
- New Zealand
How they compare
Republic of Korea currently reports -0.4824 % change on previous year against -1.01 % change on previous year in New Zealand, a difference of 0.5276 % change on previous year.
The two have swapped places 27 times across 64 shared years of data; in 1961 it was New Zealand ahead.
Republic of Korea ranks 122nd and New Zealand ranks 123rd of 164 countries.
Across the 7 decades both report, Republic of Korea averaged higher in 5 and New Zealand in 2.
Head to head by decade
| Decade | Republic of Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 6.09 % change on previous year | 4.71 % change on previous year | 1.38 % change on previous year | Republic of Korea |
| 1970s | 27.62 % change on previous year | 11.87 % change on previous year | 15.75 % change on previous year | Republic of Korea |
| 1980s | 10.65 % change on previous year | 9.94 % change on previous year | 0.7184 % change on previous year | Republic of Korea |
| 1990s | 3.45 % change on previous year | 0.6929 % change on previous year | 2.76 % change on previous year | Republic of Korea |
| 2000s | 7.8 % change on previous year | 4.76 % change on previous year | 3.05 % change on previous year | Republic of Korea |
| 2010s | 6.14 % change on previous year | 6.85 % change on previous year | 0.7129 % change on previous year | New Zealand |
| 2020s | 1.73 % change on previous year | 1.98 % change on previous year | 0.2536 % change on previous year | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Republic of Korea or New Zealand?
- Republic of Korea, at -0.4824 % change on previous year against -1.01 % change on previous year in New Zealand as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Republic of Korea and New Zealand?
- 0.5276 % change on previous year, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and New Zealand?
- 64 years are reported by both, from 1961 to 2024.
- How do Republic of Korea and New Zealand rank globally for military expenditure (current usd), annual growth rate?
- Republic of Korea ranks 122nd and New Zealand ranks 123rd of 164 countries.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.