Danish government proposes 20% increase to defence budget by 2023

12 October 2017

The Danish government announced a significant rise in planned defence expenditure on 11 October, with an extra DKK4.8 billion (USD763 million) to be added to the annual defence budget by 2023.

The extra funding, which equates to a rise in annual spending of 20% from current levels, has been prompted by a threat environment which the Danish Ministry of Defence describes as “more serious … than in any other period following the fall of the Berlin Wall”. In a policy paper entitled ‘Defence Agreement 2018–2023’, Russia is identified as a primary security concern facing the country.

The main focus of the spending increase will be four strategic priorities; strengthening NATO’s collective deterrence, enhancing the military’s ability to participate in international operations, increasing the armed forces’ contribution to maintenance of national security, and improving Denmark’s ability to defend against cyber attack.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options

(163 of 378 words)