Latvia vs Libya: Military spending, per unit of GDP
Latvia
0.0329 constant 2024 US$ per US$ of GDP
in 2025
Libya
0.0363 constant 2024 US$ per US$ of GDP
in 2023
Latvia rank
22nd
Libya rank
21st
Military spending, per unit of GDP over time
- Latvia
- Libya
How they compare
Libya currently reports 0.0363 constant 2024 US$ per US$ of GDP against 0.0329 constant 2024 US$ per US$ of GDP in Latvia, a difference of 0.0034 constant 2024 US$ per US$ of GDP.
That makes Libya's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 17 shared years of data; in 1997 it was Latvia ahead.
Latvia ranks 22nd and Libya ranks 21st of 160 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Libya in 2.
Head to head by decade
| Decade | Latvia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0166 constant 2024 US$ per US$ of GDP | 0.0116 constant 2024 US$ per US$ of GDP | 0.005 constant 2024 US$ per US$ of GDP | Latvia |
| 2000s | 0.0292 constant 2024 US$ per US$ of GDP | 0.0133 constant 2024 US$ per US$ of GDP | 0.0159 constant 2024 US$ per US$ of GDP | Latvia |
| 2010s | 0.0116 constant 2024 US$ per US$ of GDP | 0.0296 constant 2024 US$ per US$ of GDP | 0.018 constant 2024 US$ per US$ of GDP | Libya |
| 2020s | 0.0277 constant 2024 US$ per US$ of GDP | 0.0328 constant 2024 US$ per US$ of GDP | 0.0051 constant 2024 US$ per US$ of GDP | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, per unit of gdp, Latvia or Libya?
- Libya, at 0.0363 constant 2024 US$ per US$ of GDP against 0.0329 constant 2024 US$ per US$ of GDP in Latvia as of 2023.
- What is the difference in military spending, per unit of gdp between Latvia and Libya?
- 0.0034 constant 2024 US$ per US$ of GDP, with Libya ahead.
- How many years of comparable data are there for Latvia and Libya?
- 17 years are reported by both, from 1997 to 2023.
- How do Latvia and Libya rank globally for military spending, per unit of gdp?
- Latvia ranks 22nd and Libya ranks 21st 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.
Individual pages
About this data
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.