Armenia vs Latvia: Military spending, gaps filled

Armenia
1.65 billion constant 2024 US$
in 2025
Latvia
1.60 billion constant 2024 US$
in 2025
Armenia rank
73rd
Latvia rank
74th

Military spending, gaps filled over time

  • Armenia
  • Latvia
0500.0M1.0B1.5B199220082025

How they compare

Armenia currently reports 1.65 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Latvia, a difference of 44.56 million constant 2024 US$.

The two have swapped places 9 times across 33 shared years of data; in 1993 it was Latvia ahead.

Armenia ranks 73rd and Latvia ranks 74th of 162 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Armenia Latvia Difference Ahead
1990s 171.09 million constant 2024 US$ 118.38 million constant 2024 US$ 52.71 million constant 2024 US$ Armenia
2000s 346.66 million constant 2024 US$ 459.15 million constant 2024 US$ 112.49 million constant 2024 US$ Latvia
2010s 667.96 million constant 2024 US$ 511.23 million constant 2024 US$ 156.74 million constant 2024 US$ Armenia
2020s 1.19 billion constant 2024 US$ 1.20 billion constant 2024 US$ 14.88 million constant 2024 US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, gaps filled, Armenia or Latvia?
Armenia, at 1.65 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Latvia as of 2025.
What is the difference in military spending, gaps filled between Armenia and Latvia?
44.56 million constant 2024 US$, with Armenia ahead.
How many years of comparable data are there for Armenia and Latvia?
33 years are reported by both, from 1993 to 2025.
How do Armenia and Latvia rank globally for military spending, gaps filled?
Armenia ranks 73rd and Latvia ranks 74th of 162 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Latvia: Military spending, gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://reference.statizoid.com/compare/military-spending-gaps-filled/armenia/latvia/

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About this data

Indicator
Military spending, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.