Military expenditure in local currency rose 8.69% to NZD 3.27 bil in New Zealand in 2017, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in New Zealand reached an all time high of NZD 3.27 bil in 2017 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 35.8 bil, IDR 109,300 bil in Indonesia, MYR 15.1 bil in Malaysia and PHP 221 bil in Philippines in 2017.
New Zealand has been ranked 104th within the group of 147 countries we follow in terms of military expenditure in local currency, 2 places below 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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