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 2021 was $3.39B, a 11.71% increase from 2020.
  • New Zealand military spending/defense budget for 2020 was $3.03B, a 3.68% increase from 2019.
  • New Zealand military spending/defense budget for 2019 was $2.93B, a 15.92% increase from 2018.
  • New Zealand military spending/defense budget for 2018 was $2.53B, a 8.46% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Panama $0.00B
Iceland $0.00B
New Zealand Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $3.39B 1.37%
2020 $3.03B 1.45%
2019 $2.93B 1.39%
2018 $2.53B 1.21%
2017 $2.33B 1.14%
2016 $2.09B 1.13%
2015 $1.94B 1.11%
2014 $2.27B 1.14%
2013 $2.13B 1.14%
2012 $2.09B 1.20%
2011 $2.08B 1.25%
2010 $1.93B 1.33%
2009 $1.62B 1.35%
2008 $1.66B 1.25%
2007 $1.71B 1.27%
2006 $1.46B 1.39%
2005 $1.39B 1.28%
2004 $1.29B 1.34%
2003 $1.13B 1.44%
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%