New Zealand Military Spending

Defense budget and military expenditure data (1956–2026)

Key Facts (2026 estimate)

Military Expenditure

$3.3 billion

Ranked #53 of 148 countries worldwide

Percent of GDP

1.6%

Ranked #87 of 157 countries by % of GDP

Year-over-Year Change

+4.8%

From $3.1B in 2025

Historical Peak Spending

$3.3 billion

Reached in 2026

New Zealand Defense Budget Summary

In 2026, New Zealand is estimated to have spent $3.3 billion on military and defense, representing 1.6% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. New Zealand is the #53 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 4.8%, from $3.1 billion to $3.3 billion. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 3.1% in 1956. The historical average military budget is 1.9% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2023 prices)

Historical Data

YearPercent of GDPUSD (millions)
2026(estimate)1.60%$3,255M
2025(estimate)1.50%$3,107M
20241.19%$2,959M
20231.22%$3,029M
20221.17%$2,891M
20211.16%$2,854M
20201.34%$3,126M
20191.29%$3,037M
20181.11%$2,495M
20171.05%$2,285M
20161.04%$2,133M
20150.99%$1,933M
20141.00%$1,874M
20131.04%$1,879M
20121.12%$1,924M
20111.16%$1,978M
20101.21%$2,046M
20091.22%$2,009M
20081.15%$1,914M
20071.18%$1,973M
Showing most recent 20 years of 71 total years of data.