New Zealand - Military Expenditure
Since 2014, New Zealand Military Expenditure grew 5.2% year on year. At $2,926,961,107.45 in 2019, the country was number 53 among other countries in Military Expenditure. New Zealand is overtaken by Argentina, which was ranked number 52 at $3,143,285,844.82 and is followed by Czech Republic at $2,910,252,496.62. United States topped the ranking with $731,751,400,000 in 2019, that is +7.2% versus 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 2,926,961,107.45 |
| 2018 | 2,525,003,415.11 |
| 2017 | 2,328,156,653.10 |
| 2016 | 2,093,352,062.45 |
| 2015 | 1,943,757,736.36 |
Download all data from 1960 to 2019
How does New Zealand rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 52 |
#52
Argentina
|
3,143,285,844.82 | 2019 | -18.2 % | -8.8 % | View data | |
| 53 |
#53
New Zealand
|
2,926,961,107.45 | 2019 | +15.9 % | +5.2 % | View data | |
| 54 |
#54
Czech Republic
|
2,910,252,496.62 | 2019 | +7.4 % | +7.5 % | View data | |