Military expenditure in Denmark
Denmark: Military expenditure was 9.96 billion current USD in 2024. ◆ Volatile
Latest (2024)
9.96 billion current USD
Change on year
up 22.5%
World rank
31st
of 168 countries
All-time high
9.96 billion current USD
in 2024
All-time low
161.14 million current USD
in 1960
Years of data
65
1960–2024
Military expenditure in Denmark, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Denmark recorded 9.96 billion current USD for military expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 22.5% on the previous year and up 145.5% over ten years.
Over the whole period, military expenditure in Denmark peaked at 9.96 billion current USD in 2024 and was at its lowest, 161.14 million current USD, in 1960.
Denmark ranks 31st of 168 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 in Denmark, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 161.14 million current USD | — |
| 1961 | 170.84 million current USD | +6.0% |
| 1962 | 224.55 million current USD | +31.4% |
| 1963 | 239.03 million current USD | +6.4% |
| 1964 | 255.39 million current USD | +6.8% |
| 1965 | 285.79 million current USD | +11.9% |
| 1966 | 301.14 million current USD | +5.4% |
| 1967 | 323.29 million current USD | +7.4% |
| 1968 | 345.47 million current USD | +6.9% |
| 1969 | 352.00 million current USD | +1.9% |
| 1970 | 395.60 million current USD | +12.4% |
| 1971 | 430.23 million current USD | +8.8% |
| 1972 | 487.24 million current USD | +13.3% |
| 1973 | 581.87 million current USD | +19.4% |
| 1974 | 732.09 million current USD | +25.8% |
| 1975 | 931.93 million current USD | +27.3% |
| 1976 | 945.24 million current USD | +1.4% |
| 1977 | 1.06 billion current USD | +12.5% |
| 1978 | 1.32 billion current USD | +24.4% |
| 1979 | 1.53 billion current USD | +15.6% |
| 1980 | 1.62 billion current USD | +5.8% |
| 1981 | 1.45 billion current USD | -10.6% |
| 1982 | 1.40 billion current USD | -3.2% |
| 1983 | 1.37 billion current USD | -1.8% |
| 1984 | 1.26 billion current USD | -8.4% |
| 1985 | 1.26 billion current USD | -0.0% |
| 1986 | 1.65 billion current USD | +30.9% |
| 1987 | 2.14 billion current USD | +29.9% |
| 1988 | 2.32 billion current USD | +8.4% |
| 1989 | 2.18 billion current USD | -5.9% |
| 1990 | 2.65 billion current USD | +21.4% |
| 1991 | 2.67 billion current USD | +0.8% |
| 1992 | 2.84 billion current USD | +6.2% |
| 1993 | 2.68 billion current USD | -5.5% |
| 1994 | 2.72 billion current USD | +1.4% |
| 1995 | 3.12 billion current USD | +14.7% |
| 1996 | 3.09 billion current USD | -1.0% |
| 1997 | 2.80 billion current USD | -9.1% |
| 1998 | 2.85 billion current USD | +1.5% |
| 1999 | 2.78 billion current USD | -2.1% |
| 2000 | 2.39 billion current USD | -14.1% |
| 2001 | 2.53 billion current USD | +5.5% |
| 2002 | 2.69 billion current USD | +6.7% |
| 2003 | 3.20 billion current USD | +18.7% |
| 2004 | 3.58 billion current USD | +11.9% |
| 2005 | 3.47 billion current USD | -3.1% |
| 2006 | 3.90 billion current USD | +12.3% |
| 2007 | 4.18 billion current USD | +7.2% |
| 2008 | 4.79 billion current USD | +14.7% |
| 2009 | 4.34 billion current USD | -9.4% |
| 2010 | 4.50 billion current USD | +3.8% |
| 2011 | 4.52 billion current USD | +0.3% |
| 2012 | 4.42 billion current USD | -2.1% |
| 2013 | 4.22 billion current USD | -4.7% |
| 2014 | 4.06 billion current USD | -3.8% |
| 2015 | 3.36 billion current USD | -17.1% |
| 2016 | 3.59 billion current USD | +6.8% |
| 2017 | 3.76 billion current USD | +4.8% |
| 2018 | 4.56 billion current USD | +21.1% |
| 2019 | 4.49 billion current USD | -1.6% |
| 2020 | 4.89 billion current USD | +8.9% |
| 2021 | 5.27 billion current USD | +7.9% |
| 2022 | 5.48 billion current USD | +3.8% |
| 2023 | 8.13 billion current USD | +48.5% |
| 2024 | 9.96 billion current USD | +22.5% |
Denmark compared with similar countries
- Denmark's 9.96 billion current USD is above the median for high income countries, which is 6.62 billion current USD, 1.5× the median. (54 countries reporting)
- Denmark's 9.96 billion current USD is above the median for Europe & Central Asia, which is 2.63 billion current USD, 3.8× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 265.86 million current USD | 161.14 million current USD | 352.00 million current USD | 10 |
| 1970s | 841.92 million current USD | 395.60 million current USD | 1.53 billion current USD | 10 |
| 1980s | 1.67 billion current USD | 1.26 billion current USD | 2.32 billion current USD | 10 |
| 1990s | 2.82 billion current USD | 2.65 billion current USD | 3.12 billion current USD | 10 |
| 2000s | 3.51 billion current USD | 2.39 billion current USD | 4.79 billion current USD | 10 |
| 2010s | 4.15 billion current USD | 3.36 billion current USD | 4.56 billion current USD | 10 |
| 2020s | 6.75 billion current USD | 4.89 billion current USD | 9.96 billion current USD | 5 |
Countries ranked near Denmark
More public sector data for Denmark
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Denmark?
- Military expenditure in Denmark was 9.96 billion current USD 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 9.96 billion current USD in 2024.
- What is the lowest military expenditure recorded in Denmark?
- The lowest recorded value was 161.14 million current USD in 1960.
- How does Denmark rank for military expenditure?
- Denmark ranks 31st out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Denmark?
- Over the last ten years it is up 145.5%. 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)