Denmark - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Denmark was 30,389,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 30,389,000,000 in 2019 and a minimum value of 1,113,000,000 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 1,113,000,000
1961 1,180,000,000
1962 1,551,000,000
1963 1,651,000,000
1964 1,764,000,000
1965 1,974,000,000
1966 2,080,000,000
1967 2,249,000,000
1968 2,591,000,000
1969 2,640,000,000
1970 2,967,000,000
1971 3,195,000,000
1972 3,386,000,000
1973 3,520,000,000
1974 4,462,000,000
1975 5,355,000,000
1976 5,714,000,000
1977 6,382,000,000
1978 7,294,000,000
1979 8,045,000,000
1980 9,117,000,000
1981 10,301,000,000
1982 11,669,000,000
1983 12,574,000,000
1984 13,045,000,000
1985 13,344,000,000
1986 13,333,000,000
1987 14,647,000,000
1988 15,620,000,000
1989 15,963,000,000
1990 16,399,000,000
1991 17,091,000,000
1992 17,129,000,000
1993 17,390,000,000
1994 17,293,000,000
1995 17,468,000,000
1996 17,896,000,000
1997 18,521,000,000
1998 19,071,000,000
1999 19,428,000,000
2000 19,339,000,000
2001 21,017,000,000
2002 21,269,000,000
2003 21,075,000,000
2004 21,441,000,000
2005 20,800,000,000
2006 23,173,000,000
2007 22,731,000,000
2008 24,410,000,000
2009 23,252,000,000
2010 25,328,000,000
2011 24,259,000,000
2012 25,617,000,000
2013 23,682,000,000
2014 22,769,000,000
2015 22,633,000,000
2016 24,190,000,000
2017 24,961,000,000
2018 28,787,000,000
2019 30,389,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade