Latvia vs Libya: Military spending, gaps filled

Latvia
1.60 billion constant 2024 US$
in 2025
Libya
1.60 billion constant 2024 US$
in 2023
Latvia rank
74th
Libya rank
75th

Military spending, gaps filled over time

  • Latvia
  • Libya
0500.0M1.0B1.5B2.0B2.5B196419942025

How they compare

Latvia currently reports 1.60 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Libya, a difference of 1.26 million constant 2024 US$.

The two have swapped places 2 times across 20 shared years of data; in 1997 it was Libya ahead.

Latvia ranks 74th and Libya ranks 75th of 162 countries.

Libya has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Libya Difference Ahead
1990s 114.61 million constant 2024 US$ 353.70 million constant 2024 US$ 239.09 million constant 2024 US$ Libya
2000s 459.15 million constant 2024 US$ 596.19 million constant 2024 US$ 137.05 million constant 2024 US$ Libya
2010s 336.53 million constant 2024 US$ 1.85 billion constant 2024 US$ 1.51 billion constant 2024 US$ Libya
2020s 1.12 billion constant 2024 US$ 1.43 billion constant 2024 US$ 309.31 million constant 2024 US$ Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, gaps filled, Latvia or Libya?
Latvia, at 1.60 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Libya as of 2025.
What is the difference in military spending, gaps filled between Latvia and Libya?
1.26 million constant 2024 US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Libya?
20 years are reported by both, from 1997 to 2023.
How do Latvia and Libya rank globally for military spending, gaps filled?
Latvia ranks 74th and Libya ranks 75th 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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Latvia vs Libya: Military spending, gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-gaps-filled/latvia/libya/

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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.