Military spending in Denmark

Denmark: Military spending was 14.08 billion constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
14.08 billion constant 2024 US$
Change on year
up 46.1%
World rank
29th
of 162 countries
All-time high
14.08 billion constant 2024 US$
in 2025
All-time low
1.11 billion constant 2024 US$
in 1950
Years of data
77
1949–2025

Military spending in Denmark, 1949–2025

05.0B10.0B15.0B194919872025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2025, military spending in Denmark stood at 14.08 billion constant 2024 US$. That is the highest value across all 77 years on record.

The figure is up 46.1% on the previous year and up 260.8% over ten years.

Over the whole period, military spending in Denmark peaked at 14.08 billion constant 2024 US$ in 2025 and was at its lowest, 1.11 billion constant 2024 US$, in 1950.

That places Denmark 29th out of 162 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 77 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1940s 1.18 billion constant 2024 US$ 1.18 billion constant 2024 US$ 1.18 billion constant 2024 US$ 1
1950s 2.04 billion constant 2024 US$ 1.11 billion constant 2024 US$ 2.37 billion constant 2024 US$ 10
1960s 3.20 billion constant 2024 US$ 2.49 billion constant 2024 US$ 3.62 billion constant 2024 US$ 10
1970s 4.08 billion constant 2024 US$ 3.62 billion constant 2024 US$ 4.48 billion constant 2024 US$ 10
1980s 4.59 billion constant 2024 US$ 4.36 billion constant 2024 US$ 4.74 billion constant 2024 US$ 10
1990s 4.53 billion constant 2024 US$ 4.43 billion constant 2024 US$ 4.67 billion constant 2024 US$ 10
2000s 4.51 billion constant 2024 US$ 4.27 billion constant 2024 US$ 4.67 billion constant 2024 US$ 10
2010s 4.38 billion constant 2024 US$ 3.90 billion constant 2024 US$ 5.01 billion constant 2024 US$ 10
2020s 8.10 billion constant 2024 US$ 5.33 billion constant 2024 US$ 14.08 billion constant 2024 US$ 6

Countries ranked near Denmark

  1. 26 Qatar 16.08 billion constant 2024 US$ compare
  2. 27 Indonesia 15.33 billion constant 2024 US$ compare
  3. 28 Sweden 14.95 billion constant 2024 US$ compare
  4. 30 Mexico 13.78 billion constant 2024 US$ compare
  5. 31 Colombia 13.74 billion constant 2024 US$ compare
  6. 32 Belgium 13.59 billion constant 2024 US$ compare

See the full ranking of 162 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 14.08 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Denmark?
The highest recorded value was 14.08 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Denmark?
The lowest recorded value was 1.11 billion constant 2024 US$ in 1950.
How does Denmark rank for military spending?
Denmark ranks 29th out of 162 countries with data for 2025.
Is military spending rising or falling in Denmark?
Over the last ten years it is up 260.8%. 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) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 77 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.