Denmark Military Spending/Defense Budget 1960-2023

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 2021 was $5.39B, a 8.25% increase from 2020.
  • Denmark military spending/defense budget for 2020 was $4.98B, a 9.3% increase from 2019.
  • Denmark military spending/defense budget for 2019 was $4.56B, a 0.04% decline from 2018.
  • Denmark military spending/defense budget for 2018 was $4.56B, a 21.11% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $800.67B
United Kingdom $68.37B
France $56.65B
Germany $56.02B
Saudi Arabia $55.56B
Japan $54.12B
South Korea $50.23B
Italy $32.01B
Australia $31.75B
Canada $26.45B
Israel $24.34B
Spain $19.54B
Netherlands $13.75B
Poland $13.71B
Qatar $11.59B
Singapore $11.12B
Kuwait $9.02B
Norway $8.25B
Greece $8.08B
Sweden $7.89B
Belgium $6.31B
Chile $6.23B
Finland $5.90B
Oman $5.78B
Switzerland $5.74B
Denmark $5.39B
Portugal $4.91B
Czech Republic $3.94B
Austria $3.83B
New Zealand $3.39B
Hungary $2.78B
Argentina $2.59B
Slovak Republic $1.98B
Croatia $1.74B
Bahrain $1.38B
Ireland $1.27B
Uruguay $1.26B
Lithuania $1.24B
Latvia $0.83B
Estonia $0.76B
Slovenia $0.73B
Cyprus $0.52B
Luxembourg $0.46B
Brunei $0.45B
Trinidad and Tobago $0.21B
Malta $0.08B
Seychelles $0.02B
Panama $0.00B
Iceland $0.00B
Denmark Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $5.39B 1.37%
2020 $4.98B 1.40%
2019 $4.56B 1.31%
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%