New Zealand vs Peru: Military spending
New Zealand
3.61 billion constant 2022 US$
in 2023
Peru
3.56 billion constant 2022 US$
in 2023
New Zealand rank
59th
Peru rank
60th
Military spending over time
- New Zealand
- Peru
How they compare
New Zealand currently reports 3.61 billion constant 2022 US$ against 3.56 billion constant 2022 US$ in Peru, a difference of 56.18 million constant 2022 US$.
The two have swapped places 12 times across 104 shared years of data; in 1920 it was New Zealand ahead.
New Zealand ranks 59th and Peru ranks 60th of 172 countries.
Across the 11 decades both report, New Zealand averaged higher in 4 and Peru in 7.
Head to head by decade
| Decade | New Zealand | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1920s | 42.71 million constant 2022 US$ | 75.58 million constant 2022 US$ | 32.87 million constant 2022 US$ | Peru |
| 1930s | 61.98 million constant 2022 US$ | 119.58 million constant 2022 US$ | 57.60 million constant 2022 US$ | Peru |
| 1940s | 2.45 billion constant 2022 US$ | 232.30 million constant 2022 US$ | 2.21 billion constant 2022 US$ | New Zealand |
| 1950s | 593.33 million constant 2022 US$ | 395.21 million constant 2022 US$ | 198.12 million constant 2022 US$ | New Zealand |
| 1960s | 754.25 million constant 2022 US$ | 855.54 million constant 2022 US$ | 101.29 million constant 2022 US$ | Peru |
| 1970s | 918.73 million constant 2022 US$ | 1.72 billion constant 2022 US$ | 805.83 million constant 2022 US$ | Peru |
| 1980s | 1.32 billion constant 2022 US$ | 2.70 billion constant 2022 US$ | 1.38 billion constant 2022 US$ | Peru |
| 1990s | 1.48 billion constant 2022 US$ | 1.55 billion constant 2022 US$ | 71.39 million constant 2022 US$ | Peru |
| 2000s | 1.67 billion constant 2022 US$ | 1.53 billion constant 2022 US$ | 146.42 million constant 2022 US$ | New Zealand |
| 2010s | 2.75 billion constant 2022 US$ | 2.80 billion constant 2022 US$ | 44.53 million constant 2022 US$ | Peru |
| 2020s | 3.60 billion constant 2022 US$ | 3.34 billion constant 2022 US$ | 258.29 million constant 2022 US$ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, New Zealand or Peru?
- New Zealand, at 3.61 billion constant 2022 US$ against 3.56 billion constant 2022 US$ in Peru as of 2023.
- What is the difference in military spending between New Zealand and Peru?
- 56.18 million constant 2022 US$, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Peru?
- 104 years are reported by both, from 1920 to 2023.
- How do New Zealand and Peru rank globally for military spending?
- New Zealand ranks 59th and Peru ranks 60th of 172 countries.
- Where does this data come from?
- Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.