Military spending, annual growth rate in Latvia
Latvia: Military spending, annual growth rate was 11.15 % change on previous year in 2025. ◆ Volatile
Military spending, annual growth rate in Latvia, 1994–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, military spending, annual growth rate in Latvia stood at 11.15 % change on previous year.
Compared with earlier readings it is down 15.9% on the previous year and down 21.3% over ten years.
Over the whole period, military spending, annual growth rate in Latvia peaked at 63.5 % change on previous year in 2002 and was at its lowest, -36.49 % change on previous year, in 2009.
That places Latvia 54th out of 159 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 16.85 % change on previous year | — |
| 1995 | -3.1 % change on previous year | -118.4% |
| 1996 | -22.25 % change on previous year | +619.0% |
| 1997 | -3.16 % change on previous year | -85.8% |
| 1998 | 7.74 % change on previous year | -345.2% |
| 1999 | 29.98 % change on previous year | +287.5% |
| 2000 | 24.92 % change on previous year | -16.9% |
| 2001 | 25.52 % change on previous year | +2.4% |
| 2002 | 63.5 % change on previous year | +148.8% |
| 2003 | 15.37 % change on previous year | -75.8% |
| 2004 | 7.94 % change on previous year | -48.3% |
| 2005 | 16.37 % change on previous year | +106.0% |
| 2006 | 25.71 % change on previous year | +57.1% |
| 2007 | 9.01 % change on previous year | -65.0% |
| 2008 | -2.02 % change on previous year | -122.4% |
| 2009 | -36.49 % change on previous year | +1704.1% |
| 2010 | -24.28 % change on previous year | -33.5% |
| 2011 | 3.49 % change on previous year | -114.4% |
| 2012 | -8.07 % change on previous year | -331.6% |
| 2013 | 7.37 % change on previous year | -191.3% |
| 2014 | 3.71 % change on previous year | -49.6% |
| 2015 | 14.16 % change on previous year | +281.5% |
| 2016 | 44.13 % change on previous year | +211.7% |
| 2017 | 13.55 % change on previous year | -69.3% |
| 2018 | 36.31 % change on previous year | +167.9% |
| 2019 | 0.0167 % change on previous year | -100.0% |
| 2020 | 5.11 % change on previous year | +30417.7% |
| 2021 | 3.52 % change on previous year | -31.1% |
| 2022 | -0.3037 % change on previous year | -108.6% |
| 2023 | 30.86 % change on previous year | -10261.8% |
| 2024 | 13.26 % change on previous year | -57.0% |
| 2025 | 11.15 % change on previous year | -15.9% |
Latvia compared with similar countries
- Latvia's 11.15 % change on previous year is above the median for high income countries, which is 9.35 % change on previous year, 1.2× the median. (52 countries reporting)
- Latvia's 11.15 % change on previous year is above the median for Europe & Central Asia, which is 11.12 % change on previous year, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Military spending, annual growth rate in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +30417.7% | 0.0167 % change on previous year | 5.11 % change on previous year |
| 2023 | +10261.8% | -0.3037 % change on previous year | 30.86 % change on previous year |
| 2009 | -1704.1% | -2.02 % change on previous year | -36.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.34 % change on previous year | -22.25 % change on previous year | 29.98 % change on previous year | 6 |
| 2000s | 14.98 % change on previous year | -36.49 % change on previous year | 63.5 % change on previous year | 10 |
| 2010s | 9.04 % change on previous year | -24.28 % change on previous year | 44.13 % change on previous year | 10 |
| 2020s | 10.6 % change on previous year | -0.3037 % change on previous year | 30.86 % change on previous year | 6 |
Countries ranked near Latvia
- 51 Kazakhstan 11.87 % change on previous year compare
- 52 Croatia 11.52 % change on previous year compare
- 53 Pakistan 11.41 % change on previous year compare
- 55 Austria 11.12 % change on previous year compare
- 56 Rwanda 10.67 % change on previous year compare
- 57 Algeria 10.62 % change on previous year compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Latvia?
- Military spending, annual growth rate in Latvia was 11.15 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Latvia?
- The highest recorded value was 63.5 % change on previous year in 2002.
- What is the lowest military spending, annual growth rate recorded in Latvia?
- The lowest recorded value was -36.49 % change on previous year in 2009.
- How does Latvia rank for military spending, annual growth rate?
- Latvia ranks 54th out of 159 countries with data for 2025.
- Is military spending, annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.