Denmark Military Expenditure (USD)
$10.0B▲ +$1.8B
Dec 2024 · Annual
Denmark's military expenditure rose to 9.96 billion USD in 2024, the highest on record. The previous year's figure was 8.13 billion USD. The series, which began in 1960, reached an all-time high, surpassing the prior record set in 2023.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $10.0B | $8.1B | $10.0BDec 2024 | $161.1MDec 1960 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 2.4% | 2.0% | 3.0% | 1.1% | Dec 2024 | Annual |
| GDP | $462.5B | $424.5B | $462.5B | $6.4B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Denmark averaged $4.0B from 1960 until 2024, reaching an all-time high of $10.0B in Dec 2024 and a record low of $161.1M in Dec 1960. The series is reported yearly with history from 1960.
Military expenditure measures the amount of money a country spends on its armed forces, including personnel, operations, and procurement. The indicator is reported in current USD at an annual frequency. Data for Denmark are available from 1960 to 2024, covering over six decades of defense spending.
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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