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
Military expenditure (current USD), annual growth rate in Denmark, 1961–2024
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.
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 29 Brunei Darussalam 24.44 % change on previous year compare
- 30 Kosovo 24.3 % change on previous year compare
- 31 Burkina Faso 23.76 % change on previous year compare
- 33 Lithuania 21.48 % change on previous year compare
- 34 Georgia 21.14 % change on previous year compare
- 35 Eritrea 20.44 % change on previous year compare
More public sector data for Denmark
- Arms imports 427.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 71.44 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 55.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 427.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,666 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0235 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 9.96 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,850 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 203,315 current USD per square kilometre (2023)
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.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.