Denmark vs Latin America & Caribbean (excluding high income): Military expenditure (current USD)

Denmark
14.95 billion current USD
in 2025
Latin America & Caribbean (excluding high income)
65.63 billion current USD
in 2025
Denmark rank
28th
Latin America & Caribbean (excluding high income) rank
29th

Military expenditure (current USD) over time

  • Denmark
  • Latin America & Caribbean (excluding high income)
020.0B40.0B60.0B80.0B196019922025

How they compare

Latin America & Caribbean (excluding high income) currently reports 65.63 billion current USD against 14.95 billion current USD in Denmark, a difference of 50.68 billion current USD.

That makes Latin America & Caribbean (excluding high income)'s figure about 4.4 times Denmark's.

Across all 66 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Denmark ranks 28th and Latin America & Caribbean (excluding high income) ranks 29th of 168 countries.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Denmark Latin America & Caribbean (excluding high income) Difference Ahead
1960s 265.86 million current USD 1.51 billion current USD 1.25 billion current USD Latin America & Caribbean (excluding high income)
1970s 841.92 million current USD 5.85 billion current USD 5.01 billion current USD Latin America & Caribbean (excluding high income)
1980s 1.67 billion current USD 11.65 billion current USD 9.98 billion current USD Latin America & Caribbean (excluding high income)
1990s 2.82 billion current USD 21.48 billion current USD 18.66 billion current USD Latin America & Caribbean (excluding high income)
2000s 3.51 billion current USD 31.94 billion current USD 28.44 billion current USD Latin America & Caribbean (excluding high income)
2010s 4.15 billion current USD 61.08 billion current USD 56.93 billion current USD Latin America & Caribbean (excluding high income)
2020s 8.06 billion current USD 57.32 billion current USD 49.26 billion current USD Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Denmark or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 65.63 billion current USD against 14.95 billion current USD in Denmark as of 2025.
What is the difference in military expenditure between Denmark and Latin America & Caribbean (excluding high income)?
50.68 billion current USD, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Denmark and Latin America & Caribbean (excluding high income)?
66 years are reported by both, from 1960 to 2025.
How do Denmark and Latin America & Caribbean (excluding high income) rank globally for military expenditure?
Denmark ranks 28th and Latin America & Caribbean (excluding high income) ranks 29th of 168 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Latin America & Caribbean (excluding high income): Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/denmark/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,705 data points, 1960–2025
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)