Forecast: General Government Investment in Defence in Denmark

From 2013 to 2023, Denmark's general government investment in defense fluctuated significantly. The investment experienced steep declines in 2014 and 2015 but saw substantial recovery in 2016 with a notable increase of 72.41%. Consequently, there was a steady increase through to 2019, reaching a peak, after which the investment saw slight negative growth from 2020 to 2023. As of 2023, it stood at 5.05 units.

Year-on-year variations:

• 2022: -1.91%
• 2023: -1.75%

The five-year compound annual growth rate (CAGR) from 2018 to 2023 was -0.96%, indicating a slight decline in overall investment.

Future trends indicate a gradual reduction in government defense investment, with forecast data suggesting a five-year CAGR of -1.63%, resulting in a projected total decline of 7.88% by 2028. This trend suggests a cautious approach towards defense spending in the near term.

Future trends to watch for:

• Potential shifts in global political dynamics that could influence defense budgets.
• Technological advancements necessitating changes in allocation towards defense sectors.
• Changes in domestic economic conditions impacting overall government investment capacity.