Denmark's arms exports stood at $48.5 million (Constant 1990 US Dollars) in 2023. The forecasted values from 2024 to 2028 show a consistent upward trend. The year-on-year variations are:
- 2024: +2.76%
- 2025: +2.53%
- 2026: +2.44%
- 2027: +2.36%
- 2028: +2.28%
The compound annual growth rate (CAGR) for these years is 2.47%.
Future trends to watch for include shifts in Denmark's geopolitical alliances, changes in global demand for arms, and evolving defense budgets. Advancements in technology and increased global security concerns may further drive the growth of Denmark’s arms exports.
