{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1993-01-01","value":23193.4},{"date":"1994-01-01","value":22583.9},{"date":"1995-01-01","value":11620.3},{"date":"1996-01-01","value":8299.8},{"date":"1997-01-01","value":12205.8},{"date":"1998-01-01","value":12271.3},{"date":"1999-01-01","value":14650.2},{"date":"2000-01-01","value":20346.8},{"date":"2001-01-01","value":21708.5},{"date":"2002-01-01","value":40796.2},{"date":"2003-01-01","value":50552.8},{"date":"2004-01-01","value":88402.2},{"date":"2005-01-01","value":102871.0},{"date":"2006-01-01","value":38035.2},{"date":"2007-01-01","value":41462.6},{"date":"2008-01-01","value":138121.0},{"date":"2009-01-01","value":76344.6},{"date":"2010-01-01","value":72193.7},{"date":"2011-01-01","value":64237.6},{"date":"2012-01-01","value":59495.5},{"date":"2013-01-01","value":63879.3},{"date":"2014-01-01","value":66249.5},{"date":"2015-01-01","value":75628.7},{"date":"2016-01-01","value":109002.0},{"date":"2017-01-01","value":109540.0},{"date":"2018-01-01","value":129841.0},{"date":"2019-01-01","value":149342.0},{"date":"2020-01-01","value":104649.0}],"summary":{"latest_period":"2020-01-01","latest_value":104649.0,"max":149342.0,"mean":61697.4,"min":8299.8,"of":160,"rank":32,"trend":"volatile"}}