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

0.0017 constant 2022 US$ per US$ of GDP, with Latvia ahead.

How many years of comparable data are there for Iraq 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.

Iraq vs Latvia: Military spending, per unit of GDP

Iraq

0.024 constant 2022 US$ per US$ of GDP

in 2023

Latvia

0.0257 constant 2022 US$ per US$ of GDP

in 2023

Iraq rank

48th

Latvia rank

45th

Military spending, per unit of GDP over time

Iraq
Latvia

How they compare

Latvia currently reports 0.0257 constant 2022 US$ per US$ of GDP against 0.024 constant 2022 US$ per US$ of GDP in Iraq, a difference of 0.0017 constant 2022 US$ per US$ of GDP.

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

The two have swapped places 1 time across 29 shared years of data; in 1995 it was Iraq ahead.

Iraq ranks 48th and Latvia ranks 45th of 170 countries.

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

Head to head by decade

Decade	Iraq	Latvia	Difference	Ahead
1990s	0.1381 constant 2022 US$ per US$ of GDP	0.0178 constant 2022 US$ per US$ of GDP	0.1203 constant 2022 US$ per US$ of GDP	Iraq
2000s	0.0455 constant 2022 US$ per US$ of GDP	0.019 constant 2022 US$ per US$ of GDP	0.0265 constant 2022 US$ per US$ of GDP	Iraq
2010s	0.0706 constant 2022 US$ per US$ of GDP	0.0164 constant 2022 US$ per US$ of GDP	0.0541 constant 2022 US$ per US$ of GDP	Iraq
2020s	0.0342 constant 2022 US$ per US$ of GDP	0.0274 constant 2022 US$ per US$ of GDP	0.0068 constant 2022 US$ per US$ of GDP	Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Iraq or Latvia?: Latvia, at 0.0257 constant 2022 US$ per US$ of GDP against 0.024 constant 2022 US$ per US$ of GDP in Iraq as of 2023.
What is the difference in military spending, per unit of gdp between Iraq and Latvia?: 0.0017 constant 2022 US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Iraq and Latvia?: 29 years are reported by both, from 1995 to 2023.
How do Iraq and Latvia rank globally for military spending, per unit of gdp?: Iraq ranks 48th 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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Iraq 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/iraq/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.