New Zealand - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, New Zealand Government Budget Appropriations or Outlays for R&D in Defence fell by 30.8% year on year. At $139.97 Million PPP in 2019, the country was ranked number 33 comparing other countries in Government Budget Appropriations or Outlays for R&D in Defence. New Zealand is overtaken by Ireland, which was number 32 with $260.39 Million PPP and is followed by Latvia with $136.5 Million PPP. United States topped the ranking with $75,118.21 Million PPP in 2019, that is +0.4% versus 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +319.6% per year, while Iceland recorded the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 139.97 |
| 2018 | 179.55 |
| 2017 | 0.00 |
| 2016 | 933.25 |
| 2015 | 0.00 |
How does New Zealand rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
| 3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
| 32 |
#32
Ireland
|
260.39 | 2019 | NA | NA | View data | |
| 33 |
#33
New Zealand
|
139.97 | 2019 | -22.1 % | -30.8 % | View data | |
| 34 |
#34
Latvia
|
136.50 | 2019 | +4.6 % | +149.7 % | View data | |