Armenia vs Latvia: Military spending gmsd

Armenia
1.19 billion
in 2023
Latvia
1.10 billion
in 2023
Armenia rank
83rd
Latvia rank
86th

Military spending gmsd over time

  • Armenia
  • Latvia
0250.0M500.0M750.0M1.0B1.2B191819702023

How they compare

Armenia currently reports 1.19 billion against 1.10 billion in Latvia, a difference of 85.51 million.

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 100.19 million 51.25 million Armenia
2000s 452.85 million 327.12 million 125.73 million Armenia
2010s 554.91 million 481.26 million 73.65 million Armenia
2020s 977.65 million 1.04 billion 62.34 million Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending gmsd, Armenia or Latvia?
Armenia, at 1.19 billion against 1.10 billion in Latvia as of 2023.
What is the difference in military spending gmsd between Armenia and Latvia?
85.51 million, 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 gmsd?
Armenia ranks 83rd and Latvia ranks 86th of 172 countries.
Where does this data come from?
Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Latvia: Military spending gmsd. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/armenia/latvia/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed