Estonia vs Latvia: Military spending, per unit of GDP

Estonia
0.0306 constant 2024 US$ per US$ of GDP
in 2025
Latvia
0.0329 constant 2024 US$ per US$ of GDP
in 2025
Estonia rank
24th
Latvia rank
22nd

Military spending, per unit of GDP over time

  • Estonia
  • Latvia
0.010.020.030.04199320092025

How they compare

Latvia currently reports 0.0329 constant 2024 US$ per US$ of GDP against 0.0306 constant 2024 US$ per US$ of GDP in Estonia, a difference of 0.0023 constant 2024 US$ per US$ of GDP.

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

The two have swapped places 7 times across 31 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 24th and Latvia ranks 22nd of 160 countries.

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

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 0.0287 constant 2024 US$ per US$ of GDP 0.0182 constant 2024 US$ per US$ of GDP 0.0105 constant 2024 US$ per US$ of GDP Estonia
2000s 0.0329 constant 2024 US$ per US$ of GDP 0.028 constant 2024 US$ per US$ of GDP 0.0049 constant 2024 US$ per US$ of GDP Estonia
2010s 0.0259 constant 2024 US$ per US$ of GDP 0.0175 constant 2024 US$ per US$ of GDP 0.0084 constant 2024 US$ per US$ of GDP Estonia
2020s 0.0291 constant 2024 US$ per US$ of GDP 0.0291 constant 2024 US$ per US$ of GDP 0 constant 2024 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, Estonia or Latvia?
Latvia, at 0.0329 constant 2024 US$ per US$ of GDP against 0.0306 constant 2024 US$ per US$ of GDP in Estonia as of 2025.
What is the difference in military spending, per unit of gdp between Estonia and Latvia?
0.0023 constant 2024 US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Estonia and Latvia rank globally for military spending, per unit of gdp?
Estonia ranks 24th and Latvia ranks 22nd of 160 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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Estonia 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/estonia/latvia/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

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.