Military Expenditure in Denmark increased to 4838 USD Million in 2020 from 4557 USD Million in 2019. source: SIPRI
Military Expenditure in Denmark averaged 3483.33 USD Million from 1949 until 2020, reaching an all time high of 4838 USD Million in 2020 and a record low of 994 USD Million in 1950. Denmark Military Expenditure - values, historical data and charts - was last updated on October of 2021.
Military Expenditure in Denmark is expected to reach 3643.92 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Military Expenditure is projected to trend around 3538.79 USD Million in 2022 and 3627.23 USD Million in 2023, according to our econometric models.