New Zealand vs Sweden: Military spending, annual growth rate

New Zealand
3.25 % change on previous year
in 2023
Sweden
3.3 % change on previous year
in 2023
New Zealand rank
116th
Sweden rank
115th

Military spending, annual growth rate over time

  • New Zealand
  • Sweden
-100-50050181719202023

How they compare

Sweden currently reports 3.3 % change on previous year against 3.25 % change on previous year in New Zealand, a difference of 0.05 % change on previous year.

The two have swapped places 35 times across 101 shared years of data; in 1921 it was New Zealand ahead.

New Zealand ranks 116th and Sweden ranks 115th of 172 countries.

Across the 11 decades both report, New Zealand averaged higher in 6 and Sweden in 5.

Head to head by decade

Decade New Zealand Sweden Difference Ahead
1920s -4.39 % change on previous year 1.38 % change on previous year 5.77 % change on previous year Sweden
1930s 7.17 % change on previous year 8.71 % change on previous year 1.55 % change on previous year Sweden
1940s 1.47 % change on previous year 7.34 % change on previous year 5.88 % change on previous year Sweden
1950s 6.59 % change on previous year 4.85 % change on previous year 1.73 % change on previous year New Zealand
1960s 1.9 % change on previous year 5.18 % change on previous year 3.28 % change on previous year Sweden
1970s 3.72 % change on previous year 2.89 % change on previous year 0.8309 % change on previous year New Zealand
1980s 3.84 % change on previous year -0.2969 % change on previous year 4.14 % change on previous year New Zealand
1990s -0.2303 % change on previous year -1.23 % change on previous year 1 % change on previous year New Zealand
2000s 2.56 % change on previous year -1.29 % change on previous year 3.85 % change on previous year New Zealand
2010s 6.94 % change on previous year 2.37 % change on previous year 4.57 % change on previous year New Zealand
2020s 0.7487 % change on previous year 4.77 % change on previous year 4.02 % change on previous year Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, New Zealand or Sweden?
Sweden, at 3.3 % change on previous year against 3.25 % change on previous year in New Zealand as of 2023.
What is the difference in military spending, annual growth rate between New Zealand and Sweden?
0.05 % change on previous year, with Sweden ahead.
How many years of comparable data are there for New Zealand and Sweden?
101 years are reported by both, from 1921 to 2023.
How do New Zealand and Sweden rank globally for military spending, annual growth rate?
New Zealand ranks 116th and Sweden ranks 115th of 172 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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New Zealand vs Sweden: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/new-zealand/sweden/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.