Military expenditure in local currency rose 21.1% to NZD 4.44 bil in New Zealand in 2019, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in New Zealand reached an all time high of NZD 4.44 bil in 2019 and an all time low of NZD 0.069 bil in 1961. When compared to New Zealand's main peers, military expenditure in local currency in Australia amounted to AUD 37.3 bil, IDR 108,429 bil in Indonesia, MYR 15.6 bil in Malaysia and PHP 180 bil in Philippines in 2019.
New Zealand has been ranked 98th within the group of 145 countries we follow in terms of military expenditure in local currency, 5 places above the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Australia | AUD bil | 35.5 | 36.1 | 35.9 | 37.5 | 39.7 | ||||||||||||||||
| Cambodia | KHR bil | 1,552 | 1,857 | 2,198 | 2,416 | 2,537 | ||||||||||||||||
| China | CNY bil | 1,320 | 1,424 | 1,538 | 1,660 | 1,781 | ||||||||||||||||
| Indonesia | IDR bil | 98,249 | 117,578 | 106,680 | 115,351 | 136,871 | ||||||||||||||||
| Malaysia | MYR bil | 17.3 | 15.1 | 13.9 | 13.5 | 14.2 | ||||||||||||||||
| New Zealand | NZD bil | 2.76 | 3.01 | 3.34 | 4.14 | 4.33 | ||||||||||||||||
| Papua New Guinea | PGK bil | 0.248 | 0.257 | 0.262 | 0.304 | 0.325 | ||||||||||||||||
| Philippines | PHP bil | 158 | 193 | 216 | 221 | 233 | ||||||||||||||||
| Singapore | SGD bil | 13.6 | 14.1 | 14.3 | 14.2 | 13.5 | ||||||||||||||||
| Taiwan | TWD bil | 312 | 319 | 317 | 340 | 349 | ||||||||||||||||
| Thailand | THB bil | 207 | 215 | 222 | 228 | 227 | ||||||||||||||||
| Vietnam | VND bil | ... | 110,000 | 113,534 | 126,618 | ... | ... | ... | ... |
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