Ireland vs Latvia: Military spending

Ireland
1.46 billion constant 2024 US$
in 2025
Latvia
1.60 billion constant 2024 US$
in 2025
Ireland rank
76th
Latvia rank
74th

Military spending over time

  • Ireland
  • Latvia
0500.0M1.0B1.5B195819912025

How they compare

Latvia currently reports 1.60 billion constant 2024 US$ against 1.46 billion constant 2024 US$ in Ireland, a difference of 137.43 million constant 2024 US$.

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

The two have swapped places 1 time across 33 shared years of data; in 1993 it was Ireland ahead.

Ireland ranks 76th and Latvia ranks 74th of 162 countries.

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

Head to head by decade

Decade Ireland Latvia Difference Ahead
1990s 1.18 billion constant 2024 US$ 118.38 million constant 2024 US$ 1.06 billion constant 2024 US$ Ireland
2000s 1.37 billion constant 2024 US$ 459.15 million constant 2024 US$ 909.15 million constant 2024 US$ Ireland
2010s 1.22 billion constant 2024 US$ 511.23 million constant 2024 US$ 709.95 million constant 2024 US$ Ireland
2020s 1.34 billion constant 2024 US$ 1.20 billion constant 2024 US$ 142.19 million constant 2024 US$ Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Ireland or Latvia?
Latvia, at 1.60 billion constant 2024 US$ against 1.46 billion constant 2024 US$ in Ireland as of 2025.
What is the difference in military spending between Ireland and Latvia?
137.43 million constant 2024 US$, with Latvia ahead.
How many years of comparable data are there for Ireland and Latvia?
33 years are reported by both, from 1993 to 2025.
How do Ireland and Latvia rank globally for military spending?
Ireland ranks 76th and Latvia ranks 74th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.