Armenia vs Latvia: Military spending
Armenia
1.19 billion constant 2022 US$
in 2023
Latvia
1.10 billion constant 2022 US$
in 2023
Armenia rank
83rd
Latvia rank
86th
Military spending over time
- Armenia
- Latvia
How they compare
Armenia currently reports 1.19 billion constant 2022 US$ against 1.10 billion constant 2022 US$ in Latvia, a difference of 85.51 million constant 2022 US$.
That makes Armenia's figure about 1.1 times Latvia's.
The two have swapped places 8 times across 33 shared years of data; in 1991 it was Armenia ahead.
Armenia ranks 83rd and Latvia ranks 86th of 172 countries.
Across the 4 decades both report, Armenia averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 151.44 million constant 2022 US$ | 100.19 million constant 2022 US$ | 51.25 million constant 2022 US$ | Armenia |
| 2000s | 452.85 million constant 2022 US$ | 327.12 million constant 2022 US$ | 125.73 million constant 2022 US$ | Armenia |
| 2010s | 554.91 million constant 2022 US$ | 481.26 million constant 2022 US$ | 73.65 million constant 2022 US$ | Armenia |
| 2020s | 977.65 million constant 2022 US$ | 1.04 billion constant 2022 US$ | 62.34 million constant 2022 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Armenia or Latvia?
- Armenia, at 1.19 billion constant 2022 US$ against 1.10 billion constant 2022 US$ in Latvia as of 2023.
- What is the difference in military spending between Armenia and Latvia?
- 85.51 million constant 2022 US$, with Armenia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 33 years are reported by both, from 1991 to 2023.
- How do Armenia and Latvia rank globally for military spending?
- Armenia ranks 83rd and Latvia ranks 86th of 172 countries.
- Where does this data come from?
- Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.