New Zealand Military Expenditure (USD)

$3.0B −$30.5M

Dec 2024 · Annual

Military Expenditure (USD) in New Zealand fell to $3.0B in Dec 2024 from $3.0B in Dec 2023.

New Zealand Military Expenditure (USD), 1990–2024
ActualPreviousHighestLowestDatesFrequency
$3.0B$3.0B$3.0BDec 2023$96.3MDec 19621960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Military Expenditure1.2%1.2%3.0%1.0%Dec 2024Annual
GDP$264.1B$261.5B$264.1B$5.2BDec 2025Annual

About this series

Military Expenditure (USD) in New Zealand averaged $1.6B from 1960 until 2024, reaching an all-time high of $3.0B in Dec 2023 and a record low of $96.3M in Dec 1962. 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 (USD) FAQ