Military Expenditure in New Zealand increased to 3014 USD Million in 2019 from 2525 USD Million in 2018. source: SIPRI

Military Expenditure in New Zealand averaged 1767.47 USD Million from 1956 until 2019, reaching an all time high of 3014 USD Million in 2019 and a record low of 1026 USD Million in 1962. New Zealand Military Expenditure - values, historical data and charts - was last updated on April of 2021.

Military Expenditure in New Zealand is expected to reach 2250.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Military Expenditure is projected to trend around 2380.00 USD Million in 2022, according to our econometric models.

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New Zealand Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3014.00 2525.00 3014.00 1026.00 1956 - 2019 USD Million Yearly
constant 2018 prices

New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.00 19.00 54.80 4.40 percent [+]
Government Budget -7.50 2.40 4.50 -8.90 percent of GDP [+]
Government Budget Value -23057.00 7429.00 7429.00 -23057.00 NZD Million [+]
Government Spending 13249.00 13037.00 13249.00 5489.00 NZD Million [+]
Government Revenues 116003.00 119293.00 119293.00 23033.00 NZD Million [+]
Fiscal Expenditure 138916.00 111439.00 138916.00 25381.00 NZD Million [+]
Government Debt 83375.00 57736.00 83375.00 405.00 NZD Million [+]
Credit Rating 93.00 [+]
Military Expenditure 3014.00 2525.00 3014.00 1026.00 USD Million [+]