What is the difference in military spending, per unit of gdp between Ecuador and Latvia?

0.0001 constant 2022 US$ per US$ of GDP, with Ecuador ahead.

How many years of comparable data are there for Ecuador and Latvia?

29 years are reported by both, from 1995 to 2023.

Where does this data come from?

Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Ecuador vs Latvia: Military spending, per unit of GDP

Ecuador

0.0258 constant 2022 US$ per US$ of GDP

in 2023

Latvia

0.0257 constant 2022 US$ per US$ of GDP

in 2023

Ecuador rank

44th

Latvia rank

45th

Military spending, per unit of GDP over time

Ecuador
Latvia

How they compare

Ecuador currently reports 0.0258 constant 2022 US$ per US$ of GDP against 0.0257 constant 2022 US$ per US$ of GDP in Latvia, a difference of 0.0001 constant 2022 US$ per US$ of GDP.

The two have swapped places 2 times across 29 shared years of data; in 1995 it was Ecuador ahead.

Ecuador ranks 44th and Latvia ranks 45th of 170 countries.

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

Head to head by decade

Decade	Ecuador	Latvia	Difference	Ahead
1990s	0.039 constant 2022 US$ per US$ of GDP	0.0178 constant 2022 US$ per US$ of GDP	0.0212 constant 2022 US$ per US$ of GDP	Ecuador
2000s	0.0282 constant 2022 US$ per US$ of GDP	0.019 constant 2022 US$ per US$ of GDP	0.0092 constant 2022 US$ per US$ of GDP	Ecuador
2010s	0.0241 constant 2022 US$ per US$ of GDP	0.0164 constant 2022 US$ per US$ of GDP	0.0077 constant 2022 US$ per US$ of GDP	Ecuador
2020s	0.0264 constant 2022 US$ per US$ of GDP	0.0274 constant 2022 US$ per US$ of GDP	0.0011 constant 2022 US$ per US$ of GDP	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Ecuador or Latvia?: Ecuador, at 0.0258 constant 2022 US$ per US$ of GDP against 0.0257 constant 2022 US$ per US$ of GDP in Latvia as of 2023.
What is the difference in military spending, per unit of gdp between Ecuador and Latvia?: 0.0001 constant 2022 US$ per US$ of GDP, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Latvia?: 29 years are reported by both, from 1995 to 2023.
How do Ecuador and Latvia rank globally for military spending, per unit of gdp?: Ecuador ranks 44th and Latvia ranks 45th of 170 countries.
Where does this data come from?: Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs Latvia: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp-2/ecuador/latvia/

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About this data

Indicator: Military spending, per unit of GDP
Unit: constant 2022 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 170 places, 9,064 data points, 1960–2023
Last refreshed: 16 September 2026

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.