Denmark Military Expenditure
2.4%▲ +0.4%
Dec 2024 · Annual
Denmark's military expenditure rose to 2.42% of GDP in 2024, up from 1.99% in 2023. The figure remains below the all-time high of 3.04% recorded in 1963. The series dates back to 1960, with the lowest reading of 1.11% in 2015. The latest value is the highest since at least 2023.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.4% | 2.0% | 3.0%Dec 1963 | 1.1%Dec 2015 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 27.5% | 30.5% | 78.7% | 27.5% | Dec 2025 | Annual |
| Military Expenditure (USD) | $10.0B | $8.1B | $10.0B | $161.1M | Dec 2024 | Annual |
About this series
Military Expenditure in Denmark averaged 1.5% from 1960 until 2024, reaching an all-time high of 3.0% in Dec 1963 and a record low of 1.1% in Dec 2015. The series is reported yearly with history from 1960.
Military expenditure measures the share of a country's gross domestic product allocated to defense spending, including personnel, operations, and procurement. Data are reported annually as a percentage of GDP. The series for Denmark spans from 1960 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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