Denmark vs Latin America & the Caribbean (IDA & IBRD countries): Military expenditure (current USD)
Military expenditure (current USD) over time
- Denmark
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 73.39 billion current USD against 14.95 billion current USD in Denmark, a difference of 58.44 billion current USD.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 4.9 times Denmark's.
Across all 66 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Denmark ranks 28th and Latin America & the Caribbean (IDA & IBRD countries) ranks 27th of 168 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Denmark | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 265.86 million current USD | 1.68 billion current USD | 1.41 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | 841.92 million current USD | 6.83 billion current USD | 5.99 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 1.67 billion current USD | 13.52 billion current USD | 11.85 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 2.82 billion current USD | 23.65 billion current USD | 20.83 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 3.51 billion current USD | 35.39 billion current USD | 31.89 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 4.15 billion current USD | 67.43 billion current USD | 63.28 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 8.06 billion current USD | 64.35 billion current USD | 56.29 billion current USD | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Denmark or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 73.39 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 & the Caribbean (IDA & IBRD countries)?
- 58.44 billion current USD, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 66 years are reported by both, from 1960 to 2025.
- How do Denmark and Latin America & the Caribbean (IDA & IBRD countries) rank globally for military expenditure?
- Denmark ranks 28th and Latin America & the Caribbean (IDA & IBRD countries) ranks 27th 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.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)