Latvia vs Spain: Military spending per armed forces personnel

Latvia
104,649 constant 2024 US$
in 2020
Spain
99,005 constant 2024 US$
in 2020
Latvia rank
32nd
Spain rank
35th

Military spending per armed forces personnel over time

  • Latvia
  • Spain
050.0k100.0k150.0k198520022020

How they compare

Latvia currently reports 104,649 constant 2024 US$ against 99,005 constant 2024 US$ in Spain, a difference of 5,644 constant 2024 US$.

That makes Latvia's figure about 1.1 times Spain's.

The two have swapped places 5 times across 28 shared years of data; in 1993 it was Spain ahead.

Latvia ranks 32nd and Spain ranks 35th of 160 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Spain in 3.

Head to head by decade

Decade Latvia Spain Difference Ahead
1990s 14,975 constant 2024 US$ 72,927 constant 2024 US$ 57,952 constant 2024 US$ Spain
2000s 61,864 constant 2024 US$ 91,981 constant 2024 US$ 30,117 constant 2024 US$ Spain
2010s 89,941 constant 2024 US$ 91,522 constant 2024 US$ 1,581 constant 2024 US$ Spain
2020s 104,649 constant 2024 US$ 99,005 constant 2024 US$ 5,644 constant 2024 US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending per armed forces personnel, Latvia or Spain?
Latvia, at 104,649 constant 2024 US$ against 99,005 constant 2024 US$ in Spain as of 2020.
What is the difference in military spending per armed forces personnel between Latvia and Spain?
5,644 constant 2024 US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Spain?
28 years are reported by both, from 1993 to 2020.
How do Latvia and Spain rank globally for military spending per armed forces personnel?
Latvia ranks 32nd and Spain ranks 35th of 160 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as Military spending per armed forces personnel. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.