Military expenditure in New Zealand
New Zealand: Military expenditure was 4.96 billion current LCU in 2024. ◆ Volatile
Latest (2024)
4.96 billion current LCU
Change on year
up 0.3%
World rank
115th
of 167 countries
All-time high
4.96 billion current LCU
in 2024
All-time low
69.17 million current LCU
in 1961
Years of data
65
1960–2024
Military expenditure in New Zealand, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
New Zealand recorded 4.96 billion current LCU for military expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 0.3% on the previous year and up 106.2% over ten years.
Over the whole period, military expenditure in New Zealand peaked at 4.96 billion current LCU in 2024 and was at its lowest, 69.17 million current LCU, in 1961.
New Zealand ranks 115th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 72.30 million current LCU | — |
| 1961 | 69.17 million current LCU | -4.3% |
| 1962 | 69.28 million current LCU | +0.1% |
| 1963 | 71.95 million current LCU | +3.9% |
| 1964 | 88.75 million current LCU | +23.3% |
| 1965 | 91.33 million current LCU | +2.9% |
| 1966 | 106.60 million current LCU | +16.7% |
| 1967 | 109.75 million current LCU | +3.0% |
| 1968 | 121.00 million current LCU | +10.3% |
| 1969 | 131.75 million current LCU | +8.9% |
| 1970 | 153.50 million current LCU | +16.5% |
| 1971 | 159.25 million current LCU | +3.7% |
| 1972 | 172.50 million current LCU | +8.3% |
| 1973 | 181.50 million current LCU | +5.2% |
| 1974 | 208.50 million current LCU | +14.9% |
| 1975 | 243.25 million current LCU | +16.7% |
| 1976 | 273.00 million current LCU | +12.2% |
| 1977 | 316.75 million current LCU | +16.0% |
| 1978 | 374.75 million current LCU | +18.3% |
| 1979 | 427.50 million current LCU | +14.1% |
| 1980 | 695.00 million current LCU | +62.6% |
| 1981 | 761.25 million current LCU | +9.5% |
| 1982 | 811.25 million current LCU | +6.6% |
| 1983 | 849.50 million current LCU | +4.7% |
| 1984 | 935.50 million current LCU | +10.1% |
| 1985 | 1.07 billion current LCU | +14.5% |
| 1986 | 1.32 billion current LCU | +23.5% |
| 1987 | 1.57 billion current LCU | +18.6% |
| 1988 | 1.47 billion current LCU | -6.4% |
| 1989 | 1.60 billion current LCU | +9.3% |
| 1990 | 1.77 billion current LCU | +10.5% |
| 1991 | 1.71 billion current LCU | -3.3% |
| 1992 | 1.62 billion current LCU | -5.5% |
| 1993 | 1.60 billion current LCU | -1.0% |
| 1994 | 1.65 billion current LCU | +3.0% |
| 1995 | 1.75 billion current LCU | +5.8% |
| 1996 | 1.80 billion current LCU | +3.1% |
| 1997 | 1.79 billion current LCU | -0.9% |
| 1998 | 1.81 billion current LCU | +1.4% |
| 1999 | 1.83 billion current LCU | +1.2% |
| 2000 | 1.89 billion current LCU | +3.1% |
| 2001 | 1.90 billion current LCU | +0.3% |
| 2002 | 1.87 billion current LCU | -1.2% |
| 2003 | 1.88 billion current LCU | +0.4% |
| 2004 | 1.80 billion current LCU | -4.2% |
| 2005 | 1.83 billion current LCU | +1.8% |
| 2006 | 2.10 billion current LCU | +14.4% |
| 2007 | 2.17 billion current LCU | +3.3% |
| 2008 | 2.18 billion current LCU | +0.8% |
| 2009 | 2.34 billion current LCU | +7.2% |
| 2010 | 2.44 billion current LCU | +4.2% |
| 2011 | 2.45 billion current LCU | +0.6% |
| 2012 | 2.41 billion current LCU | -1.7% |
| 2013 | 2.38 billion current LCU | -1.2% |
| 2014 | 2.40 billion current LCU | +1.0% |
| 2015 | 2.49 billion current LCU | +3.5% |
| 2016 | 2.76 billion current LCU | +11.0% |
| 2017 | 3.01 billion current LCU | +9.1% |
| 2018 | 3.34 billion current LCU | +11.0% |
| 2019 | 4.14 billion current LCU | +23.7% |
| 2020 | 4.33 billion current LCU | +4.7% |
| 2021 | 4.11 billion current LCU | -5.1% |
| 2022 | 4.46 billion current LCU | +8.6% |
| 2023 | 4.94 billion current LCU | +10.8% |
| 2024 | 4.96 billion current LCU | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 93.19 million current LCU | 69.17 million current LCU | 131.75 million current LCU | 10 |
| 1970s | 251.05 million current LCU | 153.50 million current LCU | 427.50 million current LCU | 10 |
| 1980s | 1.11 billion current LCU | 695.00 million current LCU | 1.60 billion current LCU | 10 |
| 1990s | 1.73 billion current LCU | 1.60 billion current LCU | 1.83 billion current LCU | 10 |
| 2000s | 2.00 billion current LCU | 1.80 billion current LCU | 2.34 billion current LCU | 10 |
| 2010s | 2.78 billion current LCU | 2.38 billion current LCU | 4.14 billion current LCU | 10 |
| 2020s | 4.56 billion current LCU | 4.11 billion current LCU | 4.96 billion current LCU | 5 |
Countries ranked near New Zealand
- 112 Djibouti 6.45 billion current LCU compare
- 113 Azerbaijan 6.42 billion current LCU compare
- 114 Switzerland 5.92 billion current LCU compare
- 116 Austria 4.86 billion current LCU compare
- 117 Bolivia, Plurinational State of 4.53 billion current LCU compare
- 118 Portugal 4.29 billion current LCU compare
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in New Zealand?
- Military expenditure in New Zealand was 4.96 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in New Zealand?
- The highest recorded value was 4.96 billion current LCU in 2024.
- What is the lowest military expenditure recorded in New Zealand?
- The lowest recorded value was 69.17 million current LCU in 1961.
- How does New Zealand rank for military expenditure?
- New Zealand ranks 115th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in New Zealand?
- Over the last ten years it is up 106.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)