New Zealand Military Expenditure

1.2% −0.0%

Dec 2024 · Annual

Military Expenditure in New Zealand fell to 1.2% in Dec 2024 from 1.2% in Dec 2023.

New Zealand Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
1.2%1.2%3.0%Dec 19801.0%Dec 20151960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP54.7%51.4%68.5%16.3%Dec 2025Annual
Military Expenditure (USD)$3.0B$3.0B$3.0B$96.3MDec 2024Annual

About this series

Military Expenditure in New Zealand averaged 1.4% from 1960 until 2024, reaching an all-time high of 3.0% in Dec 1980 and a record low of 1.0% in Dec 2015. The series is reported yearly with history from 1960.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

New Zealand Military Expenditure FAQ