Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
New Zealand's military expenditure stands at 1.19% as of 2024-12-31, down from 1.22% in 2023. Historical data runs from 1960 to 2024 (65 observations).
In 2024, New Zealand's military expenditure was 1.19%, down from 1.22% in 2023.
In 2023, New Zealand's military expenditure was 1.22%, up from 1.17% in 2022.
In 2022, New Zealand's military expenditure was 1.17%, up from 1.16% in 2021.
In 2021, New Zealand's military expenditure was 1.16%, down from 1.34% in 2020.
In 2020, New Zealand's military expenditure was 1.34%, up from 1.29% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 1.19% | -0.0266% |
| 2023 | 1.22% | +0.0497% |
| 2022 | 1.17% | +0.0061% |
| 2021 | 1.16% | -0.1752% |
| 2020 | 1.34% | +0.0467% |
| 2019 | 1.29% | +0.1878% |
| 2018 | 1.11% | +0.0535% |
| 2017 | 1.05% | +0.0164% |
| 2016 | 1.04% | +0.0476% |
| 2015 | 0.988% | -0.0102% |
| 2014 | 0.9981% | -0.0458% |
| 2013 | 1.04% | -0.0724% |
| 2012 | 1.12% | -0.046% |
| 2011 | 1.16% | -0.0476% |
| 2010 | 1.21% | -0.0099% |
| 2009 | 1.22% | +0.067% |
| 2008 | 1.15% | -0.0293% |
| 2007 | 1.18% | -0.0588% |
| 2006 | 1.24% | +0.1009% |
| 2005 | 1.14% | -0.0369% |
| 2004 | 1.18% | -0.1508% |
| 2003 | 1.33% | -0.0727% |
| 2002 | 1.4% | -0.1001% |
| 2001 | 1.5% | -0.0962% |
| 2000 | 1.6% | -0.0519% |
| 1999 | 1.65% | -0.0621% |
| 1998 | 1.71% | -0.0089% |
| 1997 | 1.72% | -0.0732% |
| 1996 | 1.79% | -0.0498% |
| 1995 | 1.84% | -0.0109% |
| 1994 | 1.85% | -0.0823% |
| 1993 | 1.94% | -0.1612% |
| 1992 | 2.1% | -0.1819% |
| 1991 | 2.28% | -0.0324% |
| 1990 | 2.31% | +0.1299% |
| 1989 | 2.18% | +0.0656% |
| 1988 | 2.12% | -0.2916% |
| 1987 | 2.41% | +0.0397% |
| 1986 | 2.37% | +0.003% |
| 1985 | 2.36% | -0.013% |
| 1984 | 2.38% | -0.0607% |
| 1983 | 2.44% | -0.1445% |
| 1982 | 2.58% | -0.1465% |
| 1981 | 2.73% | -0.2934% |
| 1980 | 3.02% | +0.8632% |
| 1979 | 2.16% | -0.0502% |
| 1978 | 2.21% | +0.094% |
| 1977 | 2.12% | +0.1799% |
| 1976 | 1.94% | -0.1487% |
| 1975 | 2.08% | +0.0194% |
| 1974 | 2.07% | +0.0923% |
| 1973 | 1.97% | -0.2102% |
| 1972 | 2.18% | -0.1334% |
| 1971 | 2.32% | -0.3153% |
| 1970 | 2.63% | +0.0658% |
| 1969 | 2.57% | -0.1615% |
| 1968 | 2.73% | +0.104% |
| 1967 | 2.62% | -0.0156% |
| 1966 | 2.64% | +0.2837% |
| 1965 | 2.36% | -0.1173% |
| 1964 | 2.47% | +0.2745% |
| 1963 | 2.2% | -0.1116% |
| 1962 | 2.31% | -0.1757% |
| 1961 | 2.49% | -0.2051% |
| 1960 | 2.69% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
New Zealand's military expenditure is 1.19% as of 2024-12-31, compared with 1.22% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 3.02% (1980); the lowest is 0.988% (2015), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.