Military Expenditure in New Zealand decreased to 2307 USD Million in 2018 from 2328 USD Million in 2017.
Military Expenditure in New Zealand averaged 1774.37 USD Million from 1956 until 2018, reaching an all time high of 2332 USD Million in 1980 and a record low of 1044 USD Million in 1962. New Zealand Military Expenditure - values, historical data and charts - was last updated on May of 2020. source: SIPRI
Military Expenditure in New Zealand is expected to reach 2480.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Military Expenditure is projected to trend around 2480.00 USD Million in 2021, according to our econometric models.