New Zealand vs Peru: Military expenditure (current USD)

New Zealand
2.86 billion current USD
in 2025
Peru
2.60 billion current USD
in 2025
New Zealand rank
58th
Peru rank
61st

Military expenditure (current USD) over time

  • New Zealand
  • Peru
01.0B2.0B3.0B196019922025

How they compare

New Zealand currently reports 2.86 billion current USD against 2.60 billion current USD in Peru, a difference of 259.49 million current USD.

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

The two have swapped places 14 times across 66 shared years of data; in 1960 it was New Zealand ahead.

New Zealand ranks 58th and Peru ranks 61st of 168 countries.

Across the 7 decades both report, New Zealand averaged higher in 3 and Peru in 4.

Head to head by decade

Decade New Zealand Peru Difference Ahead
1960s 122.55 million current USD 116.01 million current USD 6.54 million current USD New Zealand
1970s 279.35 million current USD 526.78 million current USD 247.42 million current USD Peru
1980s 711.15 million current USD 939.43 million current USD 228.28 million current USD Peru
1990s 1.03 billion current USD 1.06 billion current USD 30.11 million current USD Peru
2000s 1.20 billion current USD 1.16 billion current USD 39.62 million current USD New Zealand
2010s 2.04 billion current USD 2.78 billion current USD 741.03 million current USD Peru
2020s 2.91 billion current USD 2.76 billion current USD 150.46 million current USD New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, New Zealand or Peru?
New Zealand, at 2.86 billion current USD against 2.60 billion current USD in Peru as of 2025.
What is the difference in military expenditure between New Zealand and Peru?
259.49 million current USD, with New Zealand ahead.
How many years of comparable data are there for New Zealand and Peru?
66 years are reported by both, from 1960 to 2025.
How do New Zealand and Peru rank globally for military expenditure?
New Zealand ranks 58th and Peru ranks 61st of 168 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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New Zealand vs Peru: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/new-zealand/peru/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,705 data points, 1960–2025
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)