The ratio of military expenditure to gross domestic product (GDP) in New Zealand saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 1.18 percent. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Australia and Fiji.
New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (September 19, 2024). New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/
World Bank. "New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. September 19, 2024. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/
World Bank. (2024). New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/
World Bank. "New Zealand: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/
World Bank, New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/ (last visited October 08, 2024)
New Zealand: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/810520/ratio-of-military-expenditure-to-gross-domestic-product-gdp-new-zealand/
