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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 ...
Denmark's contribution to NATO, as a deterrent and collective defence. the military's capabilities to act in international operations and international stabilization efforts. Denmark's defence against Cyber attacks. It is furthermore decided to increase the budget of the military, by an adding additional 4.8 billion DKK by 2023.
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 .
COPENHAGEN (Reuters) -Denmark will boost its defence budget by 40.5 billion Danish crowns ($5.9 billion) over the next five years to meet NATO targets and address major defence shortcomings "in a ...
The Nordic country will increase its defence spending gradually to reach 2% of GDP by 2033, equivalent to an increase in annual defence spending of around 18 billion Danish crowns ($2.65 billion ...
Danish Defense Minister Troels Lund Poulsen has boosted defense spending for Greenland following comments from President-Elect Donald Trump about purchasing the island, according to BBC News. The ...
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]
Denmark plans to invest at least $1.5 billion to enhance Greenland's defense capabilities. The announcement follows Donald Trump's renewed interest in purchasing Greenland for strategic reasons.