Denmark Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Denmark military spending/defense budget for 2022 was $5.47B, a 3.68% increase from 2021.
  • Denmark military spending/defense budget for 2021 was $5.27B, a 7.91% increase from 2020.
  • Denmark military spending/defense budget for 2020 was $4.89B, a 8.9% increase from 2019.
  • Denmark military spending/defense budget for 2019 was $4.49B, a 1.56% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Panama $0.00B
Iceland $0.00B
Denmark Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $5.47B 1.42%
2021 $5.27B 1.32%
2020 $4.89B 1.38%
2019 $4.49B 1.30%
2018 $4.56B 1.28%
2017 $3.76B 1.14%
2016 $3.59B 1.15%
2015 $3.36B 1.11%
2014 $4.06B 1.15%
2013 $4.22B 1.23%
2012 $4.42B 1.35%
2011 $4.52B 1.31%
2010 $4.50B 1.40%
2009 $4.34B 1.35%
2008 $4.79B 1.36%
2007 $4.18B 1.31%
2006 $3.90B 1.38%
2005 $3.47B 1.31%
2004 $3.58B 1.42%
2003 $3.20B 1.47%
2002 $2.69B 1.51%
2001 $2.53B 1.53%
2000 $2.39B 1.46%
1999 $2.78B 1.56%
1998 $2.85B 1.61%
1997 $2.80B 1.62%
1996 $3.09B 1.64%
1995 $3.12B 1.69%
1994 $2.72B 1.77%
1993 $2.68B 1.91%
1992 $2.84B 1.89%
1991 $2.67B 1.95%
1990 $2.65B 1.95%
1989 $2.18B 2.02%
1988 $2.32B 2.09%
1987 $2.14B 2.03%
1986 $1.65B 1.94%
1985 $1.26B 2.10%
1984 $1.26B 2.24%
1983 $1.37B 2.36%
1982 $1.40B 2.42%
1981 $1.45B 2.44%
1980 $1.62B 2.36%
1979 $1.53B 2.25%
1978 $1.32B 2.27%
1977 $1.06B 2.22%
1976 $0.95B 2.20%
1975 $0.93B 2.40%
1974 $0.73B 2.23%
1973 $0.58B 1.98%
1972 $0.49B 2.18%
1971 $0.43B 2.36%
1970 $0.40B 2.43%
1969 $0.35B 2.39%
1968 $0.35B 2.68%
1967 $0.32B 2.59%
1966 $0.30B 2.64%
1965 $0.29B 2.83%
1964 $0.26B 2.84%
1963 $0.24B 3.04%
1962 $0.22B 3.02%
1961 $0.17B 2.59%
1960 $0.16B 2.73%