Denmark: Military expenditure (% of GDP)
In , Denmark's Military expenditure (% of GDP) was 2.42.
That's up 20.8% from 2023, the highest value on record.
The global average for this indicator in 2024 was 2.20 . Denmark ranks #37 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #12 of 46.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 2.42
- Trough
- 1.11
- 1-year change
- +20.8%
- 5-year change
- +86.0%
- +13.2% / yr
- 10-year change
- +110.1%
- +7.7% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 2.4162 | |
| 1.9996 | |
| 1.3616 | |
| 1.2916 | |
| 1.3738 | |
| 1.2992 | |
| 1.2831 | |
| 1.1400 | |
| 1.1511 | |
| 1.1148 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Denmark's Military expenditure (% of GDP) in 2024?
- In 2024, Denmark's Military expenditure (% of GDP) was 2.42, according to World Bank Open Data.
- Is Denmark's Military expenditure (% of GDP) rising or falling?
- Denmark's Military expenditure (% of GDP) rose 20.8% from 2023 to 2024.
- How does Denmark rank globally on Military expenditure (% of GDP)?
- In 2024, Denmark ranked #37 out of 147 countries reporting Military expenditure (% of GDP).
- How does Denmark's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Denmark is above the world average. Within Europe & Central Asia, it ranks #12 of 46.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.