Military expenditure (% of GDP) in Denmark

The Military expenditure (% of GDP) in Denmark was last reported at 1.44 in 2010, according to a World Bank report released in 2011. The Military expenditure (% of GDP) in Denmark was 1.40 in 2009, according to a World Bank report, published in 2010. The Military expenditure (% of GDP) in Denmark was reported at 1.40 in 2008, according to the World Bank. 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.)This page includes a historical data chart, news and forecasts for Military expenditure (% of GDP) in Denmark. With very few natural resources, Denmark industrialized market economy depends on imported raw materials and foreign trade. Within the European Union, Denmark advocates a liberal trade policy. Its standard of living is among the highest in the world.

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