New Zealand NZ: Military Expenditure as % of General Government Expenditure

1989 - 2018 | Yearly | % | World Bank

New Zealand NZ: Military Expenditure as % of General Government Expenditure data was reported at 3.488 % in 2018. This records an increase from the previous number of 3.380 % for 2017. New Zealand NZ: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 4.194 % from Mar 1989 to 2018, with 30 observations. The data reached an all-time high of 5.176 % in 1991 and a record low of 3.172 % in 2012. New Zealand NZ: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View New Zealand's New Zealand NZ: Military Expenditure as % of General Government Expenditure from 1989 to 2018 in the chart:

New Zealand New Zealand NZ: Military Expenditure as % of General Government Expenditure

What was New Zealand's New Zealand NZ: Military Expenditure as % of General Government Expenditure in 2018?

Last Previous Min Max Unit Frequency Range
3.488 2018 3.380 2017 3.172 2012 5.176 1991 % yearly 1989 - 2018

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 62,236.640 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 56,187.402 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.400 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 5.4 Sep 2022 quarterly Jun 1988 - Sep 2022
GDP per Capita (USD) 47,056.382 2023 yearly 1961 - 2023
Gross Fixed Capital Formation (USD mn) 15,258.223 Dec 2023 quarterly Jun 1987 - Dec 2023
Gross National Product (GNP) (USD mn) 66,700.993 Dec 2023 quarterly Jun 1987 - Dec 2023
Gross Savings Rate (%) 20.3 Sep 2022 quarterly Jun 1987 - Sep 2022
Investment: % of GDP (%) 24.5 Dec 2023 quarterly Jun 1987 - Dec 2023
Nominal GDP (USD mn) 58,483.4 Dec 2022 quarterly Jun 1987 - Dec 2022
Nominal GDP Growth (%) 3.784 Dec 2023 quarterly Jun 1988 - Dec 2023
Private Consumption Expenditure (USD mn) 36,064.398 Dec 2023 quarterly Jun 1987 - Dec 2023
Private Consumption: % of GDP (%) 58.9 Dec 2023 quarterly Jun 1987 - Dec 2023
Public Consumption Expenditure (USD mn) 13,315.324 Dec 2023 quarterly Jun 1987 - Dec 2023
Public Consumption: % of GDP (%) 20.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Real GDP Growth (%) 1.8 Mar 2023 quarterly Jun 1983 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 50.130 Dec 2023 quarterly Jun 1987 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 5,800.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) -3.7 Sep 2023 quarterly Jun 1978 - Sep 2023
Minerals Production (Metric Ton) 9,000,198.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 2.893 2021 yearly 1990 - 2021
Construction and Properties Last Frequency Range
House Prices Growth (%) -0.7 Dec 2023 quarterly Dec 1990 - Dec 2023
Nominal Residential Property Price Index (2010=100) 236.955 Dec 2023 quarterly Mar 1970 - Dec 2023
Nominal Residential Property Price Index Growth (%) -0.812 Dec 2023 quarterly Mar 1971 - Dec 2023
Real Residential Property Price Index (2010=100) 170.554 Dec 2023 quarterly Mar 1970 - Dec 2023
Real Residential Property Price Index Growth (%) -5.224 Dec 2023 quarterly Mar 1971 - Dec 2023
Building Permits (Unit) 5,336.000 Feb 2024 monthly Apr 1990 - Feb 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 Dec 2023 quarterly Dec 1999 - Dec 2023
Forecast: Government Expenditure (NZD bn) 202.357 2029 yearly 1985 - 2029
Forecast: Government Net Debt (NZD bn) 240.233 2028 yearly 1985 - 2028
Forecast: Government Revenue (NZD bn) 198.840 2028 yearly 1985 - 2028
Government Debt: % of GDP (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
National Government Debt (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Tax Revenue (USD mn) 78,682.575 2023 yearly 1999 - 2023
Consolidated Fiscal Balance (USD mn) -114.714 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue: % of GDP (%) 31.5 2023 yearly 1999 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,939,000.000 Dec 2023 quarterly Mar 1986 - Dec 2023
Forecast: Employment (Person mn) 2.948 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 5.642 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.355 2028 yearly 1980 - 2028
Labour Force Participation Rate (%) 72.2 Dec 2023 quarterly Mar 1986 - Dec 2023
Labour Productivity Growth (%) -2.86 Dec 2023 quarterly Jun 1988 - Dec 2023
Monthly Earnings (USD) 3,902 Mar 2024 quarterly Mar 1989 - Mar 2024
Population (Person mn) 5.3 2023 yearly 1950 - 2023
Unemployment Rate (%) 4.00 Dec 2023 quarterly Mar 1986 - Dec 2023

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