Military expenditure (current USD), annual growth rate in Denmark

Denmark: Military expenditure (current USD), annual growth rate was 22.46 % change on previous year in 2024. ◆ Volatile

Latest (2024)
22.46 % change on previous year
Change on year
down 53.7%
World rank
32nd
of 164 countries
All-time high
48.54 % change on previous year
in 2023
All-time low
-17.08 % change on previous year
in 2015
Years of data
64
1961–2024

Military expenditure (current USD), annual growth rate in Denmark, 1961–2024

-2002040196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, military expenditure (current usd), annual growth rate in Denmark stood at 22.46 % change on previous year.

The figure is down 53.7% on the previous year and up 692.6% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Denmark peaked at 48.54 % change on previous year in 2023 and was at its lowest, -17.08 % change on previous year, in 2015.

Denmark ranks 32nd of 164 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), annual growth rate in Denmark, year by year

Annual values for Military expenditure (current USD), annual growth rate in Denmark, 1961 to 2024.
Year % change on previous year Change
1961 6.02 % change on previous year —
1962 31.44 % change on previous year +422.3%
1963 6.45 % change on previous year -79.5%
1964 6.84 % change on previous year +6.2%
1965 11.9 % change on previous year +73.9%
1966 5.37 % change on previous year -54.9%
1967 7.36 % change on previous year +37.0%
1968 6.86 % change on previous year -6.8%
1969 1.89 % change on previous year -72.4%
1970 12.39 % change on previous year +555.0%
1971 8.75 % change on previous year -29.3%
1972 13.25 % change on previous year +51.4%
1973 19.42 % change on previous year +46.5%
1974 25.82 % change on previous year +32.9%
1975 27.3 % change on previous year +5.7%
1976 1.43 % change on previous year -94.8%
1977 12.47 % change on previous year +772.8%
1978 24.42 % change on previous year +95.8%
1979 15.61 % change on previous year -36.1%
1980 5.78 % change on previous year -63.0%
1981 -10.61 % change on previous year -283.3%
1982 -3.16 % change on previous year -70.2%
1983 -1.82 % change on previous year -42.4%
1984 -8.39 % change on previous year +361.4%
1985 -0.0222 % change on previous year -99.7%
1986 30.86 % change on previous year -138909.5%
1987 29.94 % change on previous year -3.0%
1988 8.37 % change on previous year -72.1%
1989 -5.89 % change on previous year -170.4%
1990 21.35 % change on previous year -462.3%
1991 0.8325 % change on previous year -96.1%
1992 6.21 % change on previous year +645.4%
1993 -5.49 % change on previous year -188.4%
1994 1.37 % change on previous year -125.0%
1995 14.68 % change on previous year +970.6%
1996 -1.02 % change on previous year -106.9%
1997 -9.13 % change on previous year +797.0%
1998 1.49 % change on previous year -116.3%
1999 -2.15 % change on previous year -244.4%
2000 -14.09 % change on previous year +555.3%
2001 5.55 % change on previous year -139.4%
2002 6.69 % change on previous year +20.5%
2003 18.75 % change on previous year +180.4%
2004 11.87 % change on previous year -36.7%
2005 -3.08 % change on previous year -126.0%
2006 12.35 % change on previous year -500.4%
2007 7.16 % change on previous year -42.0%
2008 14.67 % change on previous year +104.9%
2009 -9.41 % change on previous year -164.2%
2010 3.83 % change on previous year -140.7%
2011 0.3353 % change on previous year -91.2%
2012 -2.13 % change on previous year -734.5%
2013 -4.65 % change on previous year +118.7%
2014 -3.79 % change on previous year -18.6%
2015 -17.08 % change on previous year +350.7%
2016 6.8 % change on previous year -139.8%
2017 4.77 % change on previous year -29.9%
2018 21.11 % change on previous year +342.8%
2019 -1.56 % change on previous year -107.4%
2020 8.9 % change on previous year -672.1%
2021 7.91 % change on previous year -11.1%
2022 3.82 % change on previous year -51.7%
2023 48.54 % change on previous year +1171.5%
2024 22.46 % change on previous year -53.7%

Denmark compared with similar countries

  • Denmark's 22.46 % change on previous year is above the median for high income countries, which is 10.89 % change on previous year, 2.1× the median. (52 countries reporting)
  • Denmark's 22.46 % change on previous year is above the median for Europe & Central Asia, which is 16.89 % change on previous year, 1.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), annual growth rate in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1986 +138909.5% -0.0222 % change on previous year 30.86 % change on previous year
2023 +1171.5% 3.82 % change on previous year 48.54 % change on previous year
1995 +970.6% 1.37 % change on previous year 14.68 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 9.35 % change on previous year 1.89 % change on previous year 31.44 % change on previous year 9
1970s 16.09 % change on previous year 1.43 % change on previous year 27.3 % change on previous year 10
1980s 4.51 % change on previous year -10.61 % change on previous year 30.86 % change on previous year 10
1990s 2.81 % change on previous year -9.13 % change on previous year 21.35 % change on previous year 10
2000s 5.04 % change on previous year -14.09 % change on previous year 18.75 % change on previous year 10
2010s 0.7639 % change on previous year -17.08 % change on previous year 21.11 % change on previous year 10
2020s 18.32 % change on previous year 3.82 % change on previous year 48.54 % change on previous year 5

Countries ranked near Denmark

  1. 29 Brunei 24.44 % change on previous year compare
  2. 30 Kosovo 24.3 % change on previous year compare
  3. 31 Burkina Faso 23.76 % change on previous year compare
  4. 33 Lithuania 21.48 % change on previous year compare
  5. 34 Georgia 21.14 % change on previous year compare
  6. 35 Eritrea 20.44 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Denmark

All data for Denmark →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Denmark?
Military expenditure (current usd), annual growth rate in Denmark was 22.46 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Denmark?
The highest recorded value was 48.54 % change on previous year in 2023.
What is the lowest military expenditure (current usd), annual growth rate recorded in Denmark?
The lowest recorded value was -17.08 % change on previous year in 2015.
How does Denmark rank for military expenditure (current usd), annual growth rate?
Denmark ranks 32nd out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Denmark?
Over the last ten years it is up 692.6%. The long-run trend across the full record is volatile.
Where does this Denmark data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Denmark. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/denmark/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.