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New Zealand - Military Spending 1962

Name: New Zealand Military Spending 1962
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

2.31% −0.18% from 1961 Global rank: 29th

New Zealand's military spending was 2.31% in 1962, decreased +0.18% from 2.49% in 1961. This was the 29th highest globally.

Global Ranking - 1962▾

Military Spending by Country - 1962
Rank	Country	Value	YoY
1st	Kenya	0.08%	-31.6%
2nd	Uganda	0.11%	412.1%
3rd	Somalia, Fed. Rep.	0.25%	10.2%
4th	Togo	0.55%	105.9%
5th	Mexico	0.69%	5.8%
6th	Sierra Leone	0.71%	-1.7%
7th	Japan	0.88%	-3.7%
8th	Honduras	0.99%	-8.1%
9th	Guatemala	1.05%	-6.9%
10th	Sri Lanka	1.08%	-8.5%
11th	Nigeria	1.10%	29.1%
12th	Bolivia, Plurinational State of	1.16%	-3.7%
13th	Luxembourg	1.16%	16.2%
14th	Côte d'Ivoire	1.28%	-
15th	Ireland	1.29%	-2.3%
16th	Austria	1.35%	3.3%
17th	Madagascar	1.54%	2.3%
18th	Tunisia	1.73%	-21.9%
19th	Benin	1.75%	25.5%
20th	Philippines	1.81%	6.2%
21st	Ghana	2.00%	-4.9%
22nd	Ecuador	2.05%	-0.1%
23rd	Sudan	2.06%	11.6%
24th	Malaysia	2.19%	-2.1%
25th	South Africa	2.25%	53.6%
26th	Spain	2.27%	11.6%
27th	Paraguay	2.30%	0.8%
28th	Iran, Islamic Republic of	2.31%	-1.7%
29th	New Zealand	2.31%	-7.1%
30th	Burkina Faso	2.35%	181.1%
31st	Australia	2.36%	-2.1%
32nd	Brazil	2.40%	1.5%
33rd	Peru	2.43%	-8.3%
34th	Finland	2.51%	36.9%
35th	Morocco	2.57%	-5.1%
36th	Switzerland	2.57%	4.0%
37th	Thailand	2.63%	25.3%
38th	Italy	2.63%	2.3%
39th	Argentina	2.66%	24.3%
40th	India	2.75%	32.3%
41st	Mali	2.89%	7.0%
42nd	Denmark	3.02%	16.7%
43rd	Chile	3.04%	-13.7%
44th	Colombia	3.10%	44.6%
45th	Libya	3.10%	67.3%
46th	Norway	3.24%	7.9%
47th	Belgium	3.28%	0.8%
48th	Pakistan	3.66%	-10.8%
49th	Türkiye	3.71%	-1.4%
50th	Sweden	3.86%	3.8%
51st	Burundi	3.94%	2,006.8%
52nd	European Union	3.94%	7.3%
53rd	Canada	4.00%	-3.1%
54th	Greece	4.05%	-4.6%
55th	Netherlands	4.12%	0.9%
56th	Portugal	4.23%	8.7%
57th	Dominican Republic	4.32%	-17.4%
58th	Germany	4.48%	20.2%
59th	France	5.16%	-2.6%
60th	Myanmar	5.69%	-7.1%
61st	Egypt, Arab Republic of	6.68%	-
62nd	Korea	6.87%	2.1%
63rd	Iraq	6.91%	0.9%
64th	United Kingdom	6.94%	0.3%
65th	Israel	9.16%	16.5%
66th	United States	9.33%	1.9%
67th	Syrian Arab Republic	13.47%	41.1%
68th	Jordan	18.15%	9.9%

FAQ

What was New Zealand's military spending in 1962?▾

New Zealand's military spending in 1962 was 2.31%. This ranked 29th globally.

How did New Zealand's military spending change in 1962?▾

New Zealand's military spending decreased by 7.1% in 1962 compared to 1961.

Which country had the highest military spending in 1962?▾

Jordan had the highest military spending in 1962 at 18.15%.

What is the military spending of New Zealand in 1962?▾

The military spending of New Zealand in 1962 was 2.31%. This ranked 29th globally.

How does 1962 compare to 1961 for New Zealand's military spending?▾

New Zealand's military spending went from 2.49% in 1961 to 2.31% in 1962, a 7.1% decrease.

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