New Zealand—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #53 of 156Updated April 2026
Latest Value
$3.00B
2024
YoY Change
-1.0%
2023 → 2024
Global Rank
#53
of 156 countries
Maximum
$3.03B
2023
Minimum
$796.6M
2001
CAGR
+5.3%
25 years
Last
$3.00B
Previous
$3.03B
Highest
$3.03B
Lowest
$796.6M
Source
World Bank World Development Indicators
New Zealand's military expenditure (usd) was $3.00B in 2024, ranking #53 out of 156 countries. This represents a -1.0% change from 2023. Over the past 25 years, the highest recorded value was $3.03B (2023) and the lowest was $796.6M (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $3.00B | -1.0% |
| 2023 | $3.03B | +7.1% |
| 2022 | $2.83B | -2.6% |
| 2021 | $2.91B | +3.4% |
| 2020 | $2.81B | +3.1% |
| 2019 | $2.73B | +18.4% |
| 2018 | $2.30B | +7.3% |
| 2017 | $2.15B | +11.6% |
| 2016 | $1.92B | +10.8% |
| 2015 | $1.73B | -13.0% |
| 2014 | $1.99B | +2.2% |
| 2013 | $1.95B | -0.0% |
| 2012 | $1.95B | +0.8% |
| 2011 | $1.94B | +10.3% |
| 2010 | $1.76B | +20.2% |
| 2009 | $1.46B | -4.8% |
| 2008 | $1.53B | -3.6% |
| 2007 | $1.59B | +17.1% |
| 2006 | $1.36B | +5.3% |
| 2005 | $1.29B | +8.1% |
| 2004 | $1.19B | +9.4% |
| 2003 | $1.09B | +26.0% |
| 2002 | $865.8M | +8.7% |
| 2001 | $796.6M | -7.2% |
| 2000 | $858.4M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |