Military spending, annual growth rate in New Zealand

New Zealand: Military spending, annual growth rate was 3.25 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.25 % change on previous year
Change on year
up 187.6%
World rank
116th
of 172 countries
All-time high
73.41 % change on previous year
in 1943
All-time low
-94.07 % change on previous year
in 1928
Years of data
101
1921–2023

Military spending, annual growth rate in New Zealand, 1921–2023

-100-50050192119722023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in New Zealand is 3.25 % change on previous year, measured in 2023.

The figure is up 187.6% on the previous year and up 42.2% over ten years.

Over the whole period, military spending, annual growth rate in New Zealand peaked at 73.41 % change on previous year in 1943 and was at its lowest, -94.07 % change on previous year, in 1928.

That places New Zealand 116th out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in New Zealand, year by year

Annual values for Military spending, annual growth rate in New Zealand, 1921 to 2023.
Year % change on previous year Change
1921 44.58 % change on previous year
1922 13.65 % change on previous year -69.4%
1923 -2.12 % change on previous year -115.5%
1924 -9.37 % change on previous year +342.6%
1925 11.25 % change on previous year -220.0%
1926 4.41 % change on previous year -60.8%
1927 -3.16 % change on previous year -171.7%
1928 -94.07 % change on previous year +2876.2%
1929 -4.67 % change on previous year -95.0%
1930 -5.64 % change on previous year +20.8%
1931 8.63 % change on previous year -252.9%
1932 2.97 % change on previous year -65.6%
1933 1.56 % change on previous year -47.4%
1935 7.92 % change on previous year +407.7%
1936 21.15 % change on previous year +167.0%
1937 26.02 % change on previous year +23.0%
1938 21.31 % change on previous year -18.1%
1939 -19.41 % change on previous year -191.1%
1940 38.63 % change on previous year -299.0%
1942 68.58 % change on previous year +77.5%
1943 73.41 % change on previous year +7.0%
1944 17.61 % change on previous year -76.0%
1945 -42.59 % change on previous year -341.8%
1946 -44.53 % change on previous year +4.6%
1947 -77.62 % change on previous year +74.3%
1948 -13.49 % change on previous year -82.6%
1949 -6.8 % change on previous year -49.6%
1950 -9.19 % change on previous year +35.3%
1951 15.08 % change on previous year -264.0%
1952 46.24 % change on previous year +206.7%
1953 12.6 % change on previous year -72.8%
1954 3.35 % change on previous year -73.4%
1955 -9.47 % change on previous year -383.1%
1956 12.64 % change on previous year -233.4%
1957 -2.33 % change on previous year -118.5%
1958 7.08 % change on previous year -403.5%
1959 -10.1 % change on previous year -242.6%
1960 -0.3576 % change on previous year -96.5%
1961 1.87 % change on previous year -623.5%
1962 1.87 % change on previous year +0.0%
1963 4.39 % change on previous year +134.5%
1964 9.55 % change on previous year +117.4%
1965 14.59 % change on previous year +52.8%
1966 2.49 % change on previous year -82.9%
1967 -4.58 % change on previous year -284.1%
1968 -9.21 % change on previous year +100.8%
1969 -1.63 % change on previous year -82.2%
1970 7 % change on previous year -528.3%
1971 4.77 % change on previous year -31.9%
1972 3.86 % change on previous year -18.9%
1973 -0.1014 % change on previous year -102.6%
1974 11.59 % change on previous year -11524.2%
1975 -5.46 % change on previous year -147.1%
1976 -3.59 % change on previous year -34.2%
1977 -1.74 % change on previous year -51.7%
1978 11.92 % change on previous year -786.5%
1979 8.92 % change on previous year -25.2%
1980 4.86 % change on previous year -45.6%
1981 1.84 % change on previous year -62.1%
1982 4.25 % change on previous year +130.7%
1983 -1 % change on previous year -123.6%
1984 -1.24 % change on previous year +23.8%
1985 8.57 % change on previous year -790.0%
1986 12.41 % change on previous year +44.8%
1987 6.8 % change on previous year -45.2%
1988 5.54 % change on previous year -18.5%
1989 -3.6 % change on previous year -165.0%
1990 -9.52 % change on previous year +164.2%
1991 -7.71 % change on previous year -19.0%
1992 0.9744 % change on previous year -112.6%
1993 4.65 % change on previous year +377.1%
1994 11.38 % change on previous year +144.9%
1995 9.29 % change on previous year -18.4%
1996 -3.75 % change on previous year -140.4%
1997 -1.44 % change on previous year -61.7%
1998 -3.38 % change on previous year +135.6%
1999 -2.8 % change on previous year -17.3%
2000 -6.59 % change on previous year +135.4%
2001 -9.22 % change on previous year +40.0%
2002 1.17 % change on previous year -112.7%
2003 21.51 % change on previous year +1742.9%
2004 10.69 % change on previous year -50.3%
2005 3.75 % change on previous year -64.9%
2006 10.75 % change on previous year +186.6%
2007 0.4626 % change on previous year -95.7%
2008 -0.3255 % change on previous year -170.4%
2009 -6.62 % change on previous year +1933.6%
2010 13.32 % change on previous year -301.2%
2011 15.42 % change on previous year +15.8%
2012 8.69 % change on previous year -43.6%
2013 2.29 % change on previous year -73.7%
2014 10.04 % change on previous year +339.2%
2015 -8.45 % change on previous year -184.2%
2016 1.19 % change on previous year -114.1%
2017 4.44 % change on previous year +273.1%
2018 4.59 % change on previous year +3.3%
2019 17.85 % change on previous year +289.0%
2020 4.25 % change on previous year -76.2%
2021 -0.7954 % change on previous year -118.7%
2022 -3.71 % change on previous year +366.7%
2023 3.25 % change on previous year -187.6%

New Zealand compared with similar countries

  • New Zealand's 3.25 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year, 58% of the median. (55 countries reporting)
  • New Zealand's 3.25 % change on previous year is below the median for East Asia & Pacific, which is 3.33 % change on previous year, 98% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1974 +11524.2% -0.1014 % change on previous year 11.59 % change on previous year
1928 -2876.2% -3.16 % change on previous year -94.07 % change on previous year
2009 -1933.6% -0.3255 % change on previous year -6.62 % change on previous year
2003 +1742.9% 1.17 % change on previous year 21.51 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1920s -4.39 % change on previous year -94.07 % change on previous year 44.58 % change on previous year 9
1930s 7.17 % change on previous year -19.41 % change on previous year 26.02 % change on previous year 9
1940s 1.47 % change on previous year -77.62 % change on previous year 73.41 % change on previous year 9
1950s 6.59 % change on previous year -10.1 % change on previous year 46.24 % change on previous year 10
1960s 1.9 % change on previous year -9.21 % change on previous year 14.59 % change on previous year 10
1970s 3.72 % change on previous year -5.46 % change on previous year 11.92 % change on previous year 10
1980s 3.84 % change on previous year -3.6 % change on previous year 12.41 % change on previous year 10
1990s -0.2303 % change on previous year -9.52 % change on previous year 11.38 % change on previous year 10
2000s 2.56 % change on previous year -9.22 % change on previous year 21.51 % change on previous year 10
2010s 6.94 % change on previous year -8.45 % change on previous year 17.85 % change on previous year 10
2020s 0.7487 % change on previous year -3.71 % change on previous year 4.25 % change on previous year 4

Countries ranked near New Zealand

  1. 113 China 3.41 % change on previous year compare
  2. 114 Chile 3.41 % change on previous year compare
  3. 115 Sweden 3.3 % change on previous year compare
  4. 117 Congo 3.19 % change on previous year compare
  5. 118 Jamaica 3.05 % change on previous year compare
  6. 119 Trinidad and Tobago 2.96 % change on previous year compare

See the full ranking of 172 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is military spending, annual growth rate in New Zealand?
Military spending, annual growth rate in New Zealand was 3.25 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in New Zealand?
The highest recorded value was 73.41 % change on previous year in 1943.
What is the lowest military spending, annual growth rate recorded in New Zealand?
The lowest recorded value was -94.07 % change on previous year in 1928.
How does New Zealand rank for military spending, annual growth rate?
New Zealand ranks 116th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in New Zealand?
Over the last ten years it is up 42.2%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

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.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

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.