Military spending in Denmark

Denmark: Military spending was 8.01 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
8.01 billion constant 2022 US$
Change on year
up 16.9%
World rank
36th
of 172 countries
All-time high
8.01 billion constant 2022 US$
in 2023
All-time low
28.08 million constant 2022 US$
in 1817
Years of data
204
1816–2023

Military spending in Denmark, 1816–2023

02.0B4.0B6.0B8.0B181619192023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Denmark stood at 8.01 billion constant 2022 US$. That is the highest value across all 204 years on record.

That represents a change of up 16.9% on the previous year and up 53.3% over ten years.

Over the whole period, military spending in Denmark peaked at 8.01 billion constant 2022 US$ in 2023 and was at its lowest, 28.08 million constant 2022 US$, in 1817.

That places Denmark 36th out of 172 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Denmark, year by year

Annual values for Military spending in Denmark, 1816 to 2023.
Year constant 2022 US$ Change
1816 32.41 million constant 2022 US$
1817 28.08 million constant 2022 US$ -13.4%
1818 28.28 million constant 2022 US$ +0.7%
1819 28.97 million constant 2022 US$ +2.4%
1820 30.84 million constant 2022 US$ +6.5%
1821 32.93 million constant 2022 US$ +6.8%
1822 33.04 million constant 2022 US$ +0.3%
1823 36.18 million constant 2022 US$ +9.5%
1824 38.49 million constant 2022 US$ +6.4%
1825 37.91 million constant 2022 US$ -1.5%
1826 38.46 million constant 2022 US$ +1.4%
1827 37.86 million constant 2022 US$ -1.5%
1828 38.04 million constant 2022 US$ +0.5%
1829 41.31 million constant 2022 US$ +8.6%
1830 38.99 million constant 2022 US$ -5.6%
1831 45.42 million constant 2022 US$ +16.5%
1832 44.69 million constant 2022 US$ -1.6%
1833 48.02 million constant 2022 US$ +7.5%
1834 42.24 million constant 2022 US$ -12.0%
1835 41.10 million constant 2022 US$ -2.7%
1836 40.62 million constant 2022 US$ -1.2%
1837 44.26 million constant 2022 US$ +8.9%
1838 47.55 million constant 2022 US$ +7.4%
1839 48.22 million constant 2022 US$ +1.4%
1840 55.09 million constant 2022 US$ +14.2%
1841 58.83 million constant 2022 US$ +6.8%
1842 60.73 million constant 2022 US$ +3.2%
1843 67.12 million constant 2022 US$ +10.5%
1844 68.90 million constant 2022 US$ +2.7%
1845 67.54 million constant 2022 US$ -2.0%
1846 67.96 million constant 2022 US$ +0.6%
1847 68.75 million constant 2022 US$ +1.2%
1848 76.24 million constant 2022 US$ +10.9%
1849 32.71 million constant 2022 US$ -57.1%
1850 40.02 million constant 2022 US$ +22.4%
1851 61.74 million constant 2022 US$ +54.3%
1852 74.56 million constant 2022 US$ +20.8%
1853 85.40 million constant 2022 US$ +14.5%
1854 84.34 million constant 2022 US$ -1.2%
1855 85.49 million constant 2022 US$ +1.4%
1856 78.18 million constant 2022 US$ -8.6%
1857 76.72 million constant 2022 US$ -1.9%
1858 84.71 million constant 2022 US$ +10.4%
1859 88.36 million constant 2022 US$ +4.3%
1860 90.53 million constant 2022 US$ +2.5%
1861 82.11 million constant 2022 US$ -9.3%
1862 82.69 million constant 2022 US$ +0.7%
1863 71.66 million constant 2022 US$ -13.3%
1864 95.35 million constant 2022 US$ +33.1%
1865 64.10 million constant 2022 US$ -32.8%
1866 60.48 million constant 2022 US$ -5.6%
1867 63.99 million constant 2022 US$ +5.8%
1868 71.24 million constant 2022 US$ +11.3%
1869 75.68 million constant 2022 US$ +6.2%
1870 69.17 million constant 2022 US$ -8.6%
1871 70.48 million constant 2022 US$ +1.9%
1872 75.06 million constant 2022 US$ +6.5%
1873 86.42 million constant 2022 US$ +15.1%
1874 84.91 million constant 2022 US$ -1.7%
1875 90.84 million constant 2022 US$ +7.0%
1876 100.00 million constant 2022 US$ +10.1%
1877 87.96 million constant 2022 US$ -12.0%
1878 97.76 million constant 2022 US$ +11.1%
1879 90.06 million constant 2022 US$ -7.9%
1880 85.77 million constant 2022 US$ -4.8%
1881 88.36 million constant 2022 US$ +3.0%
1882 95.07 million constant 2022 US$ +7.6%
1883 94.70 million constant 2022 US$ -0.4%
1884 99.33 million constant 2022 US$ +4.9%
1885 91.03 million constant 2022 US$ -8.3%
1886 85.35 million constant 2022 US$ -6.2%
1887 79.07 million constant 2022 US$ -7.4%
1888 75.64 million constant 2022 US$ -4.3%
1889 85.94 million constant 2022 US$ +13.6%
1890 99.83 million constant 2022 US$ +16.2%
1891 91.61 million constant 2022 US$ -8.2%
1892 116.69 million constant 2022 US$ +27.4%
1893 117.70 million constant 2022 US$ +0.9%
1894 122.60 million constant 2022 US$ +4.2%
1895 131.17 million constant 2022 US$ +7.0%
1896 133.22 million constant 2022 US$ +1.6%
1897 127.55 million constant 2022 US$ -4.3%
1898 127.33 million constant 2022 US$ -0.2%
1899 130.12 million constant 2022 US$ +2.2%
1900 131.71 million constant 2022 US$ +1.2%
1901 131.19 million constant 2022 US$ -0.4%
1902 132.00 million constant 2022 US$ +0.6%
1903 130.35 million constant 2022 US$ -1.2%
1904 125.83 million constant 2022 US$ -3.5%
1905 134.94 million constant 2022 US$ +7.2%
1906 135.49 million constant 2022 US$ +0.4%
1907 132.92 million constant 2022 US$ -1.9%
1908 141.77 million constant 2022 US$ +6.7%
1909 160.05 million constant 2022 US$ +12.9%
1910 166.32 million constant 2022 US$ +3.9%
1911 175.42 million constant 2022 US$ +5.5%
1912 179.94 million constant 2022 US$ +2.6%
1913 189.30 million constant 2022 US$ +5.2%
1914 143.55 million constant 2022 US$ -24.2%
1915 186.77 million constant 2022 US$ +30.1%
1916 200.73 million constant 2022 US$ +7.5%
1917 215.35 million constant 2022 US$ +7.3%
1918 222.24 million constant 2022 US$ +3.2%
1919 192.51 million constant 2022 US$ -13.4%
1920 171.53 million constant 2022 US$ -10.9%
1921 202.01 million constant 2022 US$ +17.8%
1922 173.94 million constant 2022 US$ -13.9%
1923 146.95 million constant 2022 US$ -15.5%
1924 130.15 million constant 2022 US$ -11.4%
1925 143.04 million constant 2022 US$ +9.9%
1926 154.73 million constant 2022 US$ +8.2%
1927 153.07 million constant 2022 US$ -1.1%
1928 175.79 million constant 2022 US$ +14.8%
1929 167.97 million constant 2022 US$ -4.4%
1930 168.81 million constant 2022 US$ +0.5%
1931 160.32 million constant 2022 US$ -5.0%
1932 142.14 million constant 2022 US$ -11.3%
1933 132.93 million constant 2022 US$ -6.5%
1934 172.09 million constant 2022 US$ +29.5%
1935 174.33 million constant 2022 US$ +1.3%
1936 189.85 million constant 2022 US$ +8.9%
1937 228.62 million constant 2022 US$ +20.4%
1938 369.36 million constant 2022 US$ +61.6%
1939 484.22 million constant 2022 US$ +31.1%
1940 605.96 million constant 2022 US$ +25.1%
1945 638.79 million constant 2022 US$ +5.4%
1946 613.29 million constant 2022 US$ -4.0%
1947 600.12 million constant 2022 US$ -2.1%
1948 594.11 million constant 2022 US$ -1.0%
1949 718.60 million constant 2022 US$ +21.0%
1950 634.02 million constant 2022 US$ -11.8%
1951 736.90 million constant 2022 US$ +16.2%
1952 929.97 million constant 2022 US$ +26.2%
1953 1.18 billion constant 2022 US$ +26.6%
1954 1.20 billion constant 2022 US$ +1.9%
1955 1.18 billion constant 2022 US$ -1.4%
1956 1.30 billion constant 2022 US$ +10.0%
1957 1.29 billion constant 2022 US$ -1.2%
1958 1.30 billion constant 2022 US$ +1.2%
1959 1.20 billion constant 2022 US$ -7.8%
1960 1.27 billion constant 2022 US$ +5.7%
1961 1.43 billion constant 2022 US$ +12.9%
1962 1.79 billion constant 2022 US$ +25.1%
1963 1.79 billion constant 2022 US$ -0.2%
1964 1.93 billion constant 2022 US$ +7.8%
1965 2.14 billion constant 2022 US$ +11.3%
1966 2.22 billion constant 2022 US$ +3.4%
1967 2.39 billion constant 2022 US$ +8.0%
1968 2.62 billion constant 2022 US$ +9.5%
1969 2.58 billion constant 2022 US$ -1.6%
1970 2.68 billion constant 2022 US$ +3.8%
1971 2.93 billion constant 2022 US$ +9.5%
1972 2.87 billion constant 2022 US$ -2.2%
1973 2.81 billion constant 2022 US$ -2.0%
1974 3.23 billion constant 2022 US$ +15.0%
1975 3.48 billion constant 2022 US$ +7.8%
1976 3.34 billion constant 2022 US$ -4.0%
1977 3.70 billion constant 2022 US$ +10.8%
1978 3.89 billion constant 2022 US$ +5.2%
1979 4.12 billion constant 2022 US$ +5.9%
1980 3.85 billion constant 2022 US$ -6.7%
1981 3.53 billion constant 2022 US$ -8.3%
1982 3.60 billion constant 2022 US$ +2.2%
1983 3.48 billion constant 2022 US$ -3.3%
1984 3.61 billion constant 2022 US$ +3.5%
1985 3.61 billion constant 2022 US$ +0.0%
1986 3.81 billion constant 2022 US$ +5.5%
1987 4.14 billion constant 2022 US$ +8.9%
1988 4.23 billion constant 2022 US$ +2.2%
1989 4.30 billion constant 2022 US$ +1.5%
1990 4.24 billion constant 2022 US$ -1.4%
1991 4.13 billion constant 2022 US$ -2.5%
1992 4.56 billion constant 2022 US$ +10.4%
1993 4.64 billion constant 2022 US$ +1.8%
1994 4.65 billion constant 2022 US$ +0.0%
1995 4.75 billion constant 2022 US$ +2.3%
1996 4.74 billion constant 2022 US$ -0.1%
1997 4.59 billion constant 2022 US$ -3.3%
1998 4.51 billion constant 2022 US$ -1.7%
1999 4.33 billion constant 2022 US$ -3.9%
2000 4.04 billion constant 2022 US$ -6.7%
2001 4.19 billion constant 2022 US$ +3.8%
2002 4.41 billion constant 2022 US$ +5.1%
2003 4.56 billion constant 2022 US$ +3.4%
2004 4.94 billion constant 2022 US$ +8.3%
2005 4.73 billion constant 2022 US$ -4.1%
2006 5.01 billion constant 2022 US$ +5.9%
2007 5.14 billion constant 2022 US$ +2.5%
2008 5.53 billion constant 2022 US$ +7.7%
2009 5.13 billion constant 2022 US$ -7.2%
2010 5.38 billion constant 2022 US$ +4.7%
2011 5.20 billion constant 2022 US$ -3.2%
2012 5.31 billion constant 2022 US$ +2.0%
2013 5.22 billion constant 2022 US$ -1.6%
2014 4.83 billion constant 2022 US$ -7.5%
2015 4.30 billion constant 2022 US$ -11.1%
2016 4.31 billion constant 2022 US$ +0.3%
2017 4.88 billion constant 2022 US$ +13.3%
2018 5.39 billion constant 2022 US$ +10.4%
2019 5.94 billion constant 2022 US$ +10.1%
2020 6.29 billion constant 2022 US$ +5.9%
2021 6.30 billion constant 2022 US$ +0.2%
2022 6.85 billion constant 2022 US$ +8.7%
2023 8.01 billion constant 2022 US$ +16.9%

Denmark compared with similar countries

  • Denmark's 8.01 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 1.2× the median. (55 countries reporting)
  • Denmark's 8.01 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 3.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending in Denmark changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1849 -57.1% 76.24 million constant 2022 US$ 32.71 million constant 2022 US$
1938 +61.6% 228.62 million constant 2022 US$ 369.36 million constant 2022 US$
1851 +54.3% 40.02 million constant 2022 US$ 61.74 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1810s 29.43 million constant 2022 US$ 28.08 million constant 2022 US$ 32.41 million constant 2022 US$ 4
1820s 36.51 million constant 2022 US$ 30.84 million constant 2022 US$ 41.31 million constant 2022 US$ 10
1830s 44.11 million constant 2022 US$ 38.99 million constant 2022 US$ 48.22 million constant 2022 US$ 10
1840s 62.39 million constant 2022 US$ 32.71 million constant 2022 US$ 76.24 million constant 2022 US$ 10
1850s 75.95 million constant 2022 US$ 40.02 million constant 2022 US$ 88.36 million constant 2022 US$ 10
1860s 75.78 million constant 2022 US$ 60.48 million constant 2022 US$ 95.35 million constant 2022 US$ 10
1870s 85.27 million constant 2022 US$ 69.17 million constant 2022 US$ 100.00 million constant 2022 US$ 10
1880s 88.03 million constant 2022 US$ 75.64 million constant 2022 US$ 99.33 million constant 2022 US$ 10
1890s 119.78 million constant 2022 US$ 91.61 million constant 2022 US$ 133.22 million constant 2022 US$ 10
1900s 135.62 million constant 2022 US$ 125.83 million constant 2022 US$ 160.05 million constant 2022 US$ 10
1910s 187.21 million constant 2022 US$ 143.55 million constant 2022 US$ 222.24 million constant 2022 US$ 10
1920s 161.92 million constant 2022 US$ 130.15 million constant 2022 US$ 202.01 million constant 2022 US$ 10
1930s 222.27 million constant 2022 US$ 132.93 million constant 2022 US$ 484.22 million constant 2022 US$ 10
1940s 628.48 million constant 2022 US$ 594.11 million constant 2022 US$ 718.60 million constant 2022 US$ 6
1950s 1.09 billion constant 2022 US$ 634.02 million constant 2022 US$ 1.30 billion constant 2022 US$ 10
1960s 2.02 billion constant 2022 US$ 1.27 billion constant 2022 US$ 2.62 billion constant 2022 US$ 10
1970s 3.30 billion constant 2022 US$ 2.68 billion constant 2022 US$ 4.12 billion constant 2022 US$ 10
1980s 3.82 billion constant 2022 US$ 3.48 billion constant 2022 US$ 4.30 billion constant 2022 US$ 10
1990s 4.51 billion constant 2022 US$ 4.13 billion constant 2022 US$ 4.75 billion constant 2022 US$ 10
2000s 4.77 billion constant 2022 US$ 4.04 billion constant 2022 US$ 5.53 billion constant 2022 US$ 10
2010s 5.08 billion constant 2022 US$ 4.30 billion constant 2022 US$ 5.94 billion constant 2022 US$ 10
2020s 6.86 billion constant 2022 US$ 6.29 billion constant 2022 US$ 8.01 billion constant 2022 US$ 4

Countries ranked near Denmark

  1. 33 Kuwait 9.79 billion constant 2022 US$ compare
  2. 34 Greece 9.38 billion constant 2022 US$ compare
  3. 35 Belgium 8.46 billion constant 2022 US$ compare
  4. 37 Thailand 7.79 billion constant 2022 US$ compare
  5. 38 Oman 7.65 billion constant 2022 US$ compare
  6. 39 Switzerland 7.40 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Denmark

All data for Denmark →

Frequently asked questions

What is military spending in Denmark?
Military spending in Denmark was 8.01 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Denmark?
The highest recorded value was 8.01 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Denmark?
The lowest recorded value was 28.08 million constant 2022 US$ in 1817.
How does Denmark rank for military spending?
Denmark ranks 36th out of 172 countries with data for 2023.
Is military spending rising or falling in Denmark?
Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
Where does this Denmark data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Denmark. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/denmark/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.