Military expenditure in dollars — all countries

Military expenditure in dollars — Denmark

Military expenditure in dollars in Denmark in 2024 — 9,958,899,779 US$. Ranked 29 in the world out of 151. Since 1960, the indicator has risen by 6,080.4%.

2024 9.96B US$ +22.46% vs 2023
World rank 29of 151
Period maximum 9.96B US$2024
Period minimum 161M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Denmark, 1960–202402.5B5B7.5B10B19601967197419811988199520022009201620231960: 161,137,605 US$1962: 224,550,248 US$1964: 255,387,903 US$1966: 301,137,663 US$1968: 345,466,667 US$1970: 395,600,000 US$1972: 487,244,021 US$1974: 732,087,483 US$1976: 945,240,876 US$1978: 1,322,665,932 US$1980: 1,617,653,843 US$1982: 1,400,430,126 US$1984: 1,259,583,261 US$1986: 1,647,882,398 US$1988: 2,320,423,440 US$1990: 2,649,889,473 US$1992: 2,837,745,377 US$1994: 2,718,790,042 US$1996: 3,086,224,945 US$1998: 2,846,065,338 US$2000: 2,392,510,831 US$2002: 2,694,082,493 US$2004: 3,578,832,460 US$2006: 3,896,730,668 US$2008: 4,788,030,121 US$2010: 4,503,492,127 US$2012: 4,422,458,084 US$2014: 4,056,861,511 US$2016: 3,592,727,944 US$2018: 4,558,690,187 US$2020: 4,887,155,963 US$2022: 5,475,015,488 US$2024: 9,958,899,779 US$
Change over the period: +9.8B (+6,080.37%) Average annual rate: 6.66 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Denmark

Denmark 9.96B US$
World 2.65T US$
Northern Europe computed 128B US$
Military expenditure in dollars — Denmark, by year Denmark All countries CSV XLSX
Year US$ Change Change, %
2024 9.96B +1.83B +22.46%
2023 8.13B +2.66B +48.54%
2022 5.48B +201M +3.82%
2021 5.27B +387M +7.91%
2020 4.89B +399M +8.9%
2019 4.49B −70.91M −1.56%
2018 4.56B +795M +21.11%
2017 3.76B +171M +4.77%
2016 3.59B +229M +6.8%
2015 3.36B −693M −17.08%
2014 4.06B −160M −3.79%
2013 4.22B −206M −4.65%
2012 4.42B −96.13M −2.13%
2011 4.52B +15.1M +0.34%
2010 4.5B +166M +3.83%
2009 4.34B −451M −9.41%
2008 4.79B +612M +14.67%
2007 4.18B +279M +7.16%
2006 3.9B +428M +12.35%
2005 3.47B −110M −3.08%
2004 3.58B +380M +11.87%
2003 3.2B +505M +18.75%
2002 2.69B +169M +6.69%
2001 2.53B +133M +5.55%
2000 2.39B −392M −14.09%
1999 2.78B −61.18M −2.15%
1998 2.85B +41.75M +1.49%
1997 2.8B −282M −9.13%
1996 3.09B −31.74M −1.02%
1995 3.12B +399M +14.68%
1994 2.72B +36.78M +1.37%
1993 2.68B −156M −5.49%
1992 2.84B +166M +6.21%
1991 2.67B +22.06M +0.83%
1990 2.65B +466M +21.35%
1989 2.18B −137M −5.89%
1988 2.32B +179M +8.37%
1987 2.14B +493M +29.94%
1986 1.65B +389M +30.86%
1985 1.26B −287,651 −0.02%
1984 1.26B −115M −8.39%
1983 1.37B −25.47M −1.82%
1982 1.4B −45.66M −3.16%
1981 1.45B −172M −10.61%
1980 1.62B +88.47M +5.79%
1979 1.53B +207M +15.61%
1978 1.32B +260M +24.42%
1977 1.06B +118M +12.47%
1976 945M +13.31M +1.43%
1975 932M +200M +27.3%
1974 732M +150M +25.82%
1973 582M +94.62M +19.42%
1972 487M +57.02M +13.25%
1971 430M +34.63M +8.75%
1970 396M +43.6M +12.39%
1969 352M +6.53M +1.89%
1968 345M +22.17M +6.86%
1967 323M +22.16M +7.36%
1966 301M +15.35M +5.37%
1965 286M +30.4M +11.9%
1964 255M +16.36M +6.84%
1963 239M +14.48M +6.45%
1962 225M +53.71M +31.44%
1961 171M +9.7M +6.02%
1960 161M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.