Military expenditure in local currency reached NZD 4,941,611,500 bil in 2023 in New Zealand, according to the SIPRI Military Expenditure Database. This is 110,775,203,717% more than in the previous year.
Historically, military expenditure in local currency in New Zealand reached an all time high of NZD 4,941,611,500 bil in 2023 and an all time low of NZD 0.064 bil in 1957.
New Zealand has been ranked 104th within the group of 148 countries we follow in terms of military expenditure in local currency.
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