Military spending gmsd in Latvia
Latvia: Military spending gmsd was 1.10 billion in 2023. ◆ Volatile
Latest (2023)
1.10 billion
Change on year
up 4.7%
World rank
86th
of 172 countries
All-time high
1.10 billion
in 2023
All-time low
44.82 million
in 1920
Years of data
56
1918–2023
Military spending gmsd in Latvia, 1918–2023
Source: Our World in Data.
Analysis
In 2023, military spending gmsd in Latvia stood at 1.10 billion. That is the highest value across all 56 years on record.
That represents a change of up 4.7% on the previous year and up 248.2% over ten years.
Over the whole period, military spending gmsd in Latvia peaked at 1.10 billion in 2023 and was at its lowest, 44.82 million, in 1920.
That places Latvia 86th out of 172 countries with data for 2023, 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 gmsd in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1918 | 67.76 million | — |
| 1919 | 52.55 million | -22.4% |
| 1920 | 44.82 million | -14.7% |
| 1921 | 54.87 million | +22.4% |
| 1922 | 61.74 million | +12.5% |
| 1923 | 72.83 million | +18.0% |
| 1924 | 76.33 million | +4.8% |
| 1925 | 91.95 million | +20.5% |
| 1926 | 99.04 million | +7.7% |
| 1927 | 104.61 million | +5.6% |
| 1928 | 106.13 million | +1.4% |
| 1929 | 104.34 million | -1.7% |
| 1930 | 104.65 million | +0.3% |
| 1931 | 100.85 million | -3.6% |
| 1932 | 99.06 million | -1.8% |
| 1933 | 100.75 million | +1.7% |
| 1934 | 139.90 million | +38.9% |
| 1935 | 148.03 million | +5.8% |
| 1936 | 155.94 million | +5.3% |
| 1937 | 142.32 million | -8.7% |
| 1938 | 154.61 million | +8.6% |
| 1939 | 145.43 million | -5.9% |
| 1940 | 157.73 million | +8.5% |
| 1991 | 49.93 million | -68.3% |
| 1992 | 101.92 million | +104.1% |
| 1993 | 95.52 million | -6.3% |
| 1994 | 94.52 million | -1.0% |
| 1995 | 120.80 million | +27.8% |
| 1996 | 122.56 million | +1.5% |
| 1997 | 117.87 million | -3.8% |
| 1998 | 94.37 million | -19.9% |
| 1999 | 104.20 million | +10.4% |
| 2000 | 122.53 million | +17.6% |
| 2001 | 145.84 million | +19.0% |
| 2002 | 192.94 million | +32.3% |
| 2003 | 263.52 million | +36.6% |
| 2004 | 283.20 million | +7.5% |
| 2005 | 314.31 million | +11.0% |
| 2006 | 432.55 million | +37.6% |
| 2007 | 526.64 million | +21.8% |
| 2008 | 585.01 million | +11.1% |
| 2009 | 404.64 million | -30.8% |
| 2010 | 338.22 million | -16.4% |
| 2011 | 334.41 million | -1.1% |
| 2012 | 289.38 million | -13.5% |
| 2013 | 316.18 million | +9.3% |
| 2014 | 342.16 million | +8.2% |
| 2015 | 355.35 million | +3.9% |
| 2016 | 477.07 million | +34.3% |
| 2017 | 632.01 million | +32.5% |
| 2018 | 815.19 million | +29.0% |
| 2019 | 912.61 million | +12.0% |
| 2020 | 973.69 million | +6.7% |
| 2021 | 1.03 billion | +6.2% |
| 2022 | 1.05 billion | +1.7% |
| 2023 | 1.10 billion | +4.7% |
Latvia compared with similar countries
- Latvia's 1.10 billion is below the median for high income countries, which is 6.50 billion, 17% of the median. (55 countries reporting)
- Latvia's 1.10 billion is below the median for Europe & Central Asia, which is 2.44 billion, 45% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending gmsd 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 |
|---|---|---|---|
| 1992 | +104.1% | 49.93 million | 101.92 million |
| 1991 | -68.3% | 157.73 million | 49.93 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 60.15 million | 52.55 million | 67.76 million | 2 |
| 1920s | 81.67 million | 44.82 million | 106.13 million | 10 |
| 1930s | 129.15 million | 99.06 million | 155.94 million | 10 |
| 1940s | 157.73 million | 157.73 million | 157.73 million | 1 |
| 1990s | 100.19 million | 49.93 million | 122.56 million | 9 |
| 2000s | 327.12 million | 122.53 million | 585.01 million | 10 |
| 2010s | 481.26 million | 289.38 million | 912.61 million | 10 |
| 2020s | 1.04 billion | 973.69 million | 1.10 billion | 4 |
Countries ranked near Latvia
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 gmsd in Latvia?
- Military spending gmsd in Latvia was 1.10 billion in 2023, according to Our World in Data.
- What is the highest military spending gmsd recorded in Latvia?
- The highest recorded value was 1.10 billion in 2023.
- What is the lowest military spending gmsd recorded in Latvia?
- The lowest recorded value was 44.82 million in 1920.
- How does Latvia rank for military spending gmsd?
- Latvia ranks 86th out of 172 countries with data for 2023.
- Is military spending gmsd rising or falling in Latvia?
- Over the last ten years it is up 248.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).