New Zealand Military Spending

Defense budget and military expenditure data (1956–2027)

Data updated: July 7, 2026

Key Facts (2026 estimate)

Military Expenditure

$3.0 billion

Ranked #55 of 153 countries worldwide

Percent of GDP

1.4%

Ranked #104 of 163 countries by % of GDP

Year-over-Year Change

+5.0%

From $2.9B in 2025

Historical Peak Spending

$3.2 billion

Reached in 2027

New Zealand Defense Budget Summary

In 2026, New Zealand is estimated to have spent $3.0 billion on military and defense, representing 1.4% 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 #55 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 5.0%, from $2.9 billion to $3.0 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 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2024 prices)

Historical Data

YearPercent of GDPUSD (millions)
2027(estimate)1.50%$3,182M
2026(estimate)1.40%$3,037M
20251.10%$2,893M
20241.16%$3,001M
20231.20%$3,078M
20221.16%$2,938M
20211.16%$2,900M
20201.34%$3,177M
20191.29%$3,086M
20181.11%$2,536M
20171.05%$2,322M
20161.04%$2,167M
20150.99%$1,965M
20141.00%$1,905M
20131.04%$1,909M
20121.12%$1,955M
20111.16%$2,010M
20101.21%$2,079M
20091.22%$2,041M
20081.15%$1,945M
20071.18%$2,005M
20061.24%$1,987M
20051.14%$1,796M
20041.18%$1,818M
20031.33%$1,940M
20021.40%$1,967M
20011.50%$2,044M
20001.60%$2,092M
19991.65%$2,083M
19981.71%$2,055M
19971.72%$2,052M
19961.79%$2,095M
19951.84%$2,078M
19941.85%$2,039M
19931.94%$2,013M
19922.10%$2,060M
19912.28%$2,201M
19902.31%$2,336M
19892.18%$2,243M
19882.12%$2,169M
19872.41%$2,466M
19862.37%$2,405M
19852.36%$2,205M
19842.38%$2,224M
19832.44%$2,144M
19822.58%$2,198M
19812.73%$2,397M
19803.02%$2,524M
19792.16%$1,818M
19782.21%$1,812M
19772.12%$1,714M
19761.94%$1,692M
19752.08%$1,761M
19742.07%$1,729M
19731.97%$1,674M
19722.18%$1,722M
19712.32%$1,698M
19702.63%$1,805M
19692.57%$1,653M
19682.73%$1,592M
19672.62%$1,506M
19662.64%$1,552M
19652.36%$1,367M
19642.47%$1,373M
19632.20%$1,152M
19622.31%$1,130M
19612.49%$1,159M
19602.69%$1,233M
19592.82%$1,203M
19582.83%$1,170M
19572.86%$1,184M
19563.11%$1,228M

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