New Zealand Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • New Zealand military spending/defense budget for 2022 was $2.83B, a 2.63% decline from 2021.
  • New Zealand military spending/defense budget for 2021 was $2.91B, a 3.39% increase from 2020.
  • New Zealand military spending/defense budget for 2020 was $2.81B, a 3.08% increase from 2019.
  • New Zealand military spending/defense budget for 2019 was $2.73B, a 18.41% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Iceland $0.00B
Panama $0.00B
New Zealand Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $2.83B 1.18%
2021 $2.91B 1.17%
2020 $2.81B 1.34%
2019 $2.73B 1.29%
2018 $2.30B 1.11%
2017 $2.15B 1.05%
2016 $1.92B 1.04%
2015 $1.73B 0.99%
2014 $1.99B 1.00%
2013 $1.95B 1.04%
2012 $1.95B 1.12%
2011 $1.94B 1.16%
2010 $1.76B 1.21%
2009 $1.46B 1.22%
2008 $1.53B 1.15%
2007 $1.59B 1.18%
2006 $1.36B 1.24%
2005 $1.29B 1.14%
2004 $1.19B 1.25%
2003 $1.09B 1.39%
2002 $0.87B 1.45%
2001 $0.80B 1.58%
2000 $0.86B 1.67%
1999 $0.97B 1.62%
1998 $0.97B 1.70%
1997 $1.18B 1.70%
1996 $1.24B 1.78%
1995 $1.15B 1.82%
1994 $0.98B 1.83%
1993 $0.87B 1.90%
1992 $0.87B 2.07%
1991 $0.99B 2.26%
1990 $1.06B 2.33%
1989 $0.96B 2.15%
1988 $0.96B 2.08%
1987 $0.93B 2.41%
1986 $0.69B 2.37%
1985 $0.53B 2.36%
1984 $0.53B 2.38%
1983 $0.57B 2.44%
1982 $0.61B 2.58%
1981 $0.66B 2.73%
1980 $0.68B 3.02%
1979 $0.44B 2.16%
1978 $0.39B 2.21%
1977 $0.31B 2.12%
1976 $0.27B 1.94%
1975 $0.29B 2.08%
1974 $0.29B 2.07%
1973 $0.25B 1.97%
1972 $0.21B 2.18%
1971 $0.18B 2.32%
1970 $0.17B 2.63%
1969 $0.15B 2.57%
1968 $0.14B 2.73%
1967 $0.15B 2.62%
1966 $0.15B 2.64%
1965 $0.13B 2.36%
1964 $0.12B 2.47%
1963 $0.10B 2.20%
1962 $0.10B 2.31%
1961 $0.10B 2.49%
1960 $0.10B 2.69%