Military spending, per unit of GDP in Denmark

Denmark: Military spending, per unit of GDP was 0.0198 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0198 constant 2022 US$ per US$ of GDP
Change on year
up 15.6%
World rank
66th
of 170 countries
All-time high
0.2251 constant 2022 US$ per US$ of GDP
in 1962
All-time low
0.0137 constant 2022 US$ per US$ of GDP
in 2014
Years of data
64
1960–2023

Military spending, per unit of GDP in Denmark, 1960–2023

00.050.10.150.20.25196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

Denmark recorded 0.0198 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2023.

The figure is up 15.6% on the previous year and up 30.6% over ten years.

Over the whole period, military spending, per unit of gdp in Denmark peaked at 0.2251 constant 2022 US$ per US$ of GDP in 1962 and was at its lowest, 0.0137 constant 2022 US$ per US$ of GDP, in 2014.

That places Denmark 66th out of 170 countries with data for 2023, putting it in the middle of the range.

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

Military spending, per unit of GDP in Denmark, year by year

Annual values for Military spending, per unit of GDP in Denmark, 1960 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1960 0.1993 constant 2022 US$ per US$ of GDP
1961 0.2028 constant 2022 US$ per US$ of GDP +1.7%
1962 0.2251 constant 2022 US$ per US$ of GDP +11.0%
1963 0.211 constant 2022 US$ per US$ of GDP -6.2%
1964 0.1991 constant 2022 US$ per US$ of GDP -5.7%
1965 0.1973 constant 2022 US$ per US$ of GDP -0.9%
1966 0.1859 constant 2022 US$ per US$ of GDP -5.8%
1967 0.1834 constant 2022 US$ per US$ of GDP -1.3%
1968 0.1941 constant 2022 US$ per US$ of GDP +5.8%
1969 0.1673 constant 2022 US$ per US$ of GDP -13.8%
1970 0.1568 constant 2022 US$ per US$ of GDP -6.3%
1971 0.1535 constant 2022 US$ per US$ of GDP -2.0%
1972 0.1234 constant 2022 US$ per US$ of GDP -19.7%
1973 0.0914 constant 2022 US$ per US$ of GDP -25.9%
1974 0.0946 constant 2022 US$ per US$ of GDP +3.5%
1975 0.0861 constant 2022 US$ per US$ of GDP -9.0%
1976 0.075 constant 2022 US$ per US$ of GDP -12.8%
1977 0.0744 constant 2022 US$ per US$ of GDP -0.8%
1978 0.0645 constant 2022 US$ per US$ of GDP -13.3%
1979 0.0585 constant 2022 US$ per US$ of GDP -9.2%
1980 0.0543 constant 2022 US$ per US$ of GDP -7.2%
1981 0.0574 constant 2022 US$ per US$ of GDP +5.6%
1982 0.0599 constant 2022 US$ per US$ of GDP +4.5%
1983 0.0577 constant 2022 US$ per US$ of GDP -3.7%
1984 0.0613 constant 2022 US$ per US$ of GDP +6.1%
1985 0.0577 constant 2022 US$ per US$ of GDP -5.7%
1986 0.0434 constant 2022 US$ per US$ of GDP -24.9%
1987 0.0379 constant 2022 US$ per US$ of GDP -12.5%
1988 0.0367 constant 2022 US$ per US$ of GDP -3.4%
1989 0.0383 constant 2022 US$ per US$ of GDP +4.4%
1990 0.0307 constant 2022 US$ per US$ of GDP -19.9%
1991 0.0297 constant 2022 US$ per US$ of GDP -3.2%
1992 0.0298 constant 2022 US$ per US$ of GDP +0.4%
1993 0.0324 constant 2022 US$ per US$ of GDP +8.8%
1994 0.0298 constant 2022 US$ per US$ of GDP -8.2%
1995 0.0257 constant 2022 US$ per US$ of GDP -13.7%
1996 0.0253 constant 2022 US$ per US$ of GDP -1.5%
1997 0.0265 constant 2022 US$ per US$ of GDP +4.6%
1998 0.0255 constant 2022 US$ per US$ of GDP -3.8%
1999 0.0243 constant 2022 US$ per US$ of GDP -4.5%
2000 0.0246 constant 2022 US$ per US$ of GDP +1.2%
2001 0.0254 constant 2022 US$ per US$ of GDP +3.3%
2002 0.0246 constant 2022 US$ per US$ of GDP -3.1%
2003 0.0209 constant 2022 US$ per US$ of GDP -15.3%
2004 0.0196 constant 2022 US$ per US$ of GDP -6.1%
2005 0.0179 constant 2022 US$ per US$ of GDP -8.9%
2006 0.0177 constant 2022 US$ per US$ of GDP -1.0%
2007 0.016 constant 2022 US$ per US$ of GDP -9.3%
2008 0.0156 constant 2022 US$ per US$ of GDP -2.9%
2009 0.0159 constant 2022 US$ per US$ of GDP +2.1%
2010 0.0167 constant 2022 US$ per US$ of GDP +4.8%
2011 0.0151 constant 2022 US$ per US$ of GDP -9.4%
2012 0.0162 constant 2022 US$ per US$ of GDP +7.5%
2013 0.0152 constant 2022 US$ per US$ of GDP -6.7%
2014 0.0137 constant 2022 US$ per US$ of GDP -9.6%
2015 0.0142 constant 2022 US$ per US$ of GDP +3.9%
2016 0.0138 constant 2022 US$ per US$ of GDP -3.0%
2017 0.0147 constant 2022 US$ per US$ of GDP +6.7%
2018 0.0152 constant 2022 US$ per US$ of GDP +3.0%
2019 0.0172 constant 2022 US$ per US$ of GDP +13.2%
2020 0.0177 constant 2022 US$ per US$ of GDP +2.9%
2021 0.0155 constant 2022 US$ per US$ of GDP -12.3%
2022 0.0171 constant 2022 US$ per US$ of GDP +10.4%
2023 0.0198 constant 2022 US$ per US$ of GDP +15.6%

Denmark compared with similar countries

  • Denmark's 0.0198 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 1.0× the median. (55 countries reporting)
  • Denmark's 0.0198 constant 2022 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 1.1× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1965 constant 2022 US$ per US$ of GDP 0.1673 constant 2022 US$ per US$ of GDP 0.2251 constant 2022 US$ per US$ of GDP 10
1970s 0.0978 constant 2022 US$ per US$ of GDP 0.0585 constant 2022 US$ per US$ of GDP 0.1568 constant 2022 US$ per US$ of GDP 10
1980s 0.0505 constant 2022 US$ per US$ of GDP 0.0367 constant 2022 US$ per US$ of GDP 0.0613 constant 2022 US$ per US$ of GDP 10
1990s 0.028 constant 2022 US$ per US$ of GDP 0.0243 constant 2022 US$ per US$ of GDP 0.0324 constant 2022 US$ per US$ of GDP 10
2000s 0.0198 constant 2022 US$ per US$ of GDP 0.0156 constant 2022 US$ per US$ of GDP 0.0254 constant 2022 US$ per US$ of GDP 10
2010s 0.0152 constant 2022 US$ per US$ of GDP 0.0137 constant 2022 US$ per US$ of GDP 0.0172 constant 2022 US$ per US$ of GDP 10
2020s 0.0175 constant 2022 US$ per US$ of GDP 0.0155 constant 2022 US$ per US$ of GDP 0.0198 constant 2022 US$ per US$ of GDP 4

Countries ranked near Denmark

  1. 63 Niger 0.0201 constant 2022 US$ per US$ of GDP compare
  2. 64 Cambodia 0.0201 constant 2022 US$ per US$ of GDP compare
  3. 65 Eswatini 0.0198 constant 2022 US$ per US$ of GDP compare
  4. 67 Bulgaria 0.0195 constant 2022 US$ per US$ of GDP compare
  5. 68 Vietnam 0.0195 constant 2022 US$ per US$ of GDP compare
  6. 69 Hungary 0.0193 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Denmark

All data for Denmark →

Frequently asked questions

What is military spending, per unit of gdp in Denmark?
Military spending, per unit of gdp in Denmark was 0.0198 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Denmark?
The highest recorded value was 0.2251 constant 2022 US$ per US$ of GDP in 1962.
What is the lowest military spending, per unit of gdp recorded in Denmark?
The lowest recorded value was 0.0137 constant 2022 US$ per US$ of GDP in 2014.
How does Denmark rank for military spending, per unit of gdp?
Denmark ranks 66th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Denmark?
Over the last ten years it is up 30.6%. The long-run trend across the full record is volatile.
Where does this Denmark data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Denmark. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/denmark/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.