Military spending per armed forces personnel in Denmark

Denmark: Military spending per armed forces personnel was 355,255 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
355,255 constant 2024 US$
Change on year
up 6.3%
World rank
10th
of 160 countries
All-time high
355,255 constant 2024 US$
in 2020
All-time low
133,806 constant 2024 US$
in 1995
Years of data
33
1985–2020

Military spending per armed forces personnel in Denmark, 1985–2020

0100.0k200.0k300.0k400.0k1985200220201985: 152.8k constant 2024 US$1989: 147.7k constant 2024 US$1990: 147.8k constant 2024 US$1991: 155.5k constant 2024 US$1992: 163.5k constant 2024 US$1993: 170.1k constant 2024 US$1994: 159.9k constant 2024 US$1995: 133.8k constant 2024 US$1996: 135.0k constant 2024 US$1997: 136.8k constant 2024 US$1998: 141.7k constant 2024 US$1999: 167.5k constant 2024 US$2000: 200.7k constant 2024 US$2001: 217.1k constant 2024 US$2002: 202.2k constant 2024 US$2003: 195.4k constant 2024 US$2004: 213.4k constant 2024 US$2005: 203.3k constant 2024 US$2006: 155.6k constant 2024 US$2007: 150.0k constant 2024 US$2008: 155.8k constant 2024 US$2009: 234.9k constant 2024 US$2010: 251.2k constant 2024 US$2011: 265.1k constant 2024 US$2012: 261.5k constant 2024 US$2013: 239.9k constant 2024 US$2014: 229.3k constant 2024 US$2015: 235.1k constant 2024 US$2016: 258.5k constant 2024 US$2017: 283.0k constant 2024 US$2018: 334.9k constant 2024 US$2019: 334.1k constant 2024 US$2020: 355.3k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2020, military spending per armed forces personnel in Denmark stood at 355,255 constant 2024 US$. That is the highest value across all 33 years on record.

That represents a change of up 6.3% on the previous year and up 41.4% over ten years.

Over the whole period, military spending per armed forces personnel in Denmark peaked at 355,255 constant 2024 US$ in 2020 and was at its lowest, 133,806 constant 2024 US$, in 1995.

That places Denmark 10th out of 160 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 150,240 constant 2024 US$ 147,698 constant 2024 US$ 152,783 constant 2024 US$ 2
1990s 151,163 constant 2024 US$ 133,806 constant 2024 US$ 170,056 constant 2024 US$ 10
2000s 192,832 constant 2024 US$ 150,045 constant 2024 US$ 234,942 constant 2024 US$ 10
2010s 269,255 constant 2024 US$ 229,315 constant 2024 US$ 334,911 constant 2024 US$ 10
2020s 355,255 constant 2024 US$ 355,255 constant 2024 US$ 355,255 constant 2024 US$ 1

Countries ranked near Denmark

  1. 8 Canada 374,715 constant 2024 US$ compare
  2. 9 Netherlands 367,337 constant 2024 US$ compare
  3. 11 Libya 336,927 constant 2024 US$ compare
  4. 12 Germany 330,155 constant 2024 US$ compare
  5. 13 Switzerland 326,305 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Denmark

All data for Denmark →

Frequently asked questions

What is military spending per armed forces personnel in Denmark?
Military spending per armed forces personnel in Denmark was 355,255 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Denmark?
The highest recorded value was 355,255 constant 2024 US$ in 2020.
What is the lowest military spending per armed forces personnel recorded in Denmark?
The lowest recorded value was 133,806 constant 2024 US$ in 1995.
How does Denmark rank for military spending per armed forces personnel?
Denmark ranks 10th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Denmark?
Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
Where does this Denmark data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.