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In 2006 the Danish military budget was the fifth largest single portion of the Danish Government's total budget, significantly less than that of the Ministry of Social Affairs (≈110 billion DKK), Ministry of Employment (≈67 billion DKK), Ministry of the Interior and Health (≈66 billion DKK) and Ministry of Education (≈30 billion DKK ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
COPENHAGEN (Reuters) -Denmark said on Monday it would spend 14.6 billion Danish crowns ($2.05 billion) boosting its military presence in the Arctic, following renewed interest by U.S. President ...
Denmark said on Monday it would spend 14.6 billion Danish kroner ($2.05 billion) boosting its military capabilities in the Arctic – a decision that comes amid continuing furor following US ...
Denmark this week announced a $2 billion security package for Greenland, making another large commitment to the defense of the Arctic nation as President Trump repeatedly calls to acquire the island.
Danish Defence Agreement 2018–2023 (Danish: Forsvarsforlig 2018–2023) is the white paper for the military of Denmark in the period of 2018 to 2023. The agreement was signed 28 January 2018 by the government and Social Democrats, Dansk Folkeparti, and Social Liberal Party. It replaced the 2013–2017 Defence Agreement.
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.