Military expenditure in Denmark
Denmark: Military expenditure was 68.67 billion current LCU in 2024. ◆ Volatile
Military expenditure in Denmark, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Denmark stood at 68.67 billion current LCU. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 22.4% on the previous year and up 201.6% over ten years.
Over the whole period, military expenditure in Denmark peaked at 68.67 billion current LCU in 2024 and was at its lowest, 1.11 billion current LCU, in 1960.
That places Denmark 75th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.88 billion current LCU | 1.11 billion current LCU | 2.64 billion current LCU | 10 |
| 1970s | 5.03 billion current LCU | 2.97 billion current LCU | 8.04 billion current LCU | 10 |
| 1980s | 12.96 billion current LCU | 9.12 billion current LCU | 15.96 billion current LCU | 10 |
| 1990s | 17.77 billion current LCU | 16.40 billion current LCU | 19.43 billion current LCU | 10 |
| 2000s | 21.85 billion current LCU | 19.34 billion current LCU | 24.41 billion current LCU | 10 |
| 2010s | 25.22 billion current LCU | 22.63 billion current LCU | 29.93 billion current LCU | 10 |
| 2020s | 45.72 billion current LCU | 31.96 billion current LCU | 68.67 billion current LCU | 5 |
Countries ranked near Denmark
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.4% (2024)
- Taxes on income, profits and capital gains 51.4% (2024)
- Taxes on goods and services 31.4% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 4.2% (2024)
- Interest payments 1.4% (2024)
- Grants and other revenue 15.9% (1994)
- Interest payments 1.4% (2023)
- Other taxes 4.2% (2024)
Frequently asked questions
- What is military expenditure in Denmark?
- Military expenditure in Denmark was 68.67 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Denmark?
- The highest recorded value was 68.67 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Denmark?
- The lowest recorded value was 1.11 billion current LCU in 1960.
- How does Denmark rank for military expenditure?
- Denmark ranks 75th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Denmark?
- Over the last ten years it is up 201.6%. The long-run trend across the full record is volatile.
- Where does this Denmark data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)