Story: Armed forces

Defence spending as a proportion of GDP, 1972–2010 (2nd of 2)

Defence spending as a proportion of GDP, 1972–2010

Defence spending as a proportion of New Zealand's gross domestic product (GDP) trended downwards from 1990 and has hovered around 1% or just below from this period. The drop in spending relative to GDP is associated with the end of the Cold War (1945–91).

Note: nominal GDP figures (year ending March) are used. Defence spending figures are based on operating expenditure and do not include capital expenditure.

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How to cite this page:

Jim Rolfe, 'Armed forces - Governance of the New Zealand armed forces', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/graph/35729/defence-spending-as-a-proportion-of-gdp-1972-2010 (accessed 7 December 2019)

Story by Jim Rolfe, published 20 Jun 2012