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.

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New Zealand Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2307.00 2328.00 2332.00 1044.00 1956 - 2018 USD Million Yearly
constant 2017 prices

New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.20 19.90 54.80 4.40 percent [+]
Government Budget 2.50 1.90 4.50 -8.90 percent of GDP [+]
Government Budget Value 7508.00 5534.00 7508.00 -18396.00 NZD Million [+]
Government Spending 12469.00 12212.00 12469.00 5489.00 NZD Million [+]
Government Revenues 119293.00 109973.00 119293.00 23033.00 NZD Million [+]
Fiscal Expenditure 111439.00 104014.00 111439.00 25381.00 NZD Million [+]
Military Expenditure 2307.00 2328.00 2332.00 1044.00 USD Million [+]
Credit Rating 93.00 [+]
Government Debt 57736.00 57495.00 61880.00 405.00 NZD Million [+]
Asylum Applications 32.00 22.00 208.00 0.00 Persons [+]