The White House didn't immediately say which US officials would be traveling with Mr. Trump.
President Trump will attend the World Economic Forum, a gathering of leaders, bankers and economists in Switzerland later this month, the White House says.
The meeting features some of the biggest elites in the world, where Trump's America First agenda will likely clash with a forum dedicated to economic globalism.
It is rare for a US president to attend the Davos gathering.
Last year President Xi Jinping became the first Chinese leader to address the conference, arguing for the protection of free trade at a time when the Trump administration was pledging to erect more trade barriers.
The lone attendee from his coterie of advisers a year ago was hedge fund manager Anthony Scaramucci, who later served briefly as Trump's communications director.
Your money: Takata air bags recall expands to 3.3 million vehicles
Takata plead guilty to fraud in February 2017 for covering up the engineering defects in its airbag inflators. Takata uses the chemical ammonium nitrate to create a small explosion and fill air bags quickly in a crash.
Sarah Sanders said Trump was excited to attend the tony forum in the Swiss Alps, his fifth foreign trip as president.
"The President's message is very much the same here as it will be there", Sanders said.
The annual meeting is scheduled to take place January 23-26, focused on the theme "Creating a Shared Future in a Fractured World".
Last year's conference came the same week of Trump's inauguration and delegates at the time predicted Trump would prove a more pragmatic leader than he suggested on the campaign trail or on Twitter.
Ronald Reagan spoke to the forum via satellite as president, but Bill Clinton was the first to attend the summit in person who he traveled to Switzerland in 2000.