On Sunday, February 22, the Danish government announced an allocation of an additional 3.8 billion Danish kroner to the Ukraine Fund for 2026. This brings the total defense spending for the country this year to 3.5% of its GDP.
This information was reported on the official website of the Danish Ministry of Defense. Minister of Defense Troels Lund Poulsen stated,
“Supporting Ukraine’s defense efforts also strengthens the security of Europe and Denmark. Ukraine’s struggle is our struggle. Europe must not forget the fight of the Ukrainians, and therefore it is important for me that the government plans to allocate over 3.8 billion kroner to Ukraine this year. I am proud that Denmark is a leader in this matter.”
According to Poulsen, Denmark has already directed 9.6 billion kroner to the Ukraine Fund this year. An additional 600 million kroner is expected to come from the sale of F-16 aircraft.
With the new allocation of 3.8 billion kroner, Denmark’s total assistance to Ukraine in 2026 will reach 14 billion kroner. Poulsen also noted that preparations are underway for a substantial credit package from the European Union to support Kyiv in the near future.
He added,
“Denmark is actively and rapidly rearming, and I am pleased that the government has already managed to allocate 3.5% of GDP to defense and security this year. This is the highest level in a decade and corresponds to the significant development that the Armed Forces have undergone in recent years.”
Thus, this year Denmark will meet NATO’s target, which calls for member states to increase defense spending to 5% of GDP by 2035, with a minimum of 3.5% allocated to essential military needs.
Denmark has announced an additional allocation of 3.8 billion kroner to support Ukraine, raising its total defense spending for the year to 3.5% of GDP. This funding is part of Denmark's commitment to bolster both Ukrainian defense and European security.