Military spending per armed forces personnel in Latvia
Latvia: Military spending per armed forces personnel was 104,649 constant 2024 US$ in 2020. ◆ Volatile
Military spending per armed forces personnel in Latvia, 1993–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Latvia recorded 104,649 constant 2024 US$ for military spending per armed forces personnel in 2020.
The figure is down 29.9% on the previous year and up 45.0% over ten years.
Over the whole period, military spending per armed forces personnel in Latvia peaked at 149,342 constant 2024 US$ in 2019 and was at its lowest, 8,300 constant 2024 US$, in 1996.
That places Latvia 32nd out of 160 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per armed forces personnel in Latvia, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1993 | 23,193 constant 2024 US$ | — |
| 1994 | 22,584 constant 2024 US$ | -2.6% |
| 1995 | 11,620 constant 2024 US$ | -48.5% |
| 1996 | 8,300 constant 2024 US$ | -28.6% |
| 1997 | 12,206 constant 2024 US$ | +47.1% |
| 1998 | 12,271 constant 2024 US$ | +0.5% |
| 1999 | 14,650 constant 2024 US$ | +19.4% |
| 2000 | 20,347 constant 2024 US$ | +38.9% |
| 2001 | 21,708 constant 2024 US$ | +6.7% |
| 2002 | 40,796 constant 2024 US$ | +87.9% |
| 2003 | 50,553 constant 2024 US$ | +23.9% |
| 2004 | 88,402 constant 2024 US$ | +74.9% |
| 2005 | 102,871 constant 2024 US$ | +16.4% |
| 2006 | 38,035 constant 2024 US$ | -63.0% |
| 2007 | 41,463 constant 2024 US$ | +9.0% |
| 2008 | 138,121 constant 2024 US$ | +233.1% |
| 2009 | 76,345 constant 2024 US$ | -44.7% |
| 2010 | 72,194 constant 2024 US$ | -5.4% |
| 2011 | 64,238 constant 2024 US$ | -11.0% |
| 2012 | 59,496 constant 2024 US$ | -7.4% |
| 2013 | 63,879 constant 2024 US$ | +7.4% |
| 2014 | 66,250 constant 2024 US$ | +3.7% |
| 2015 | 75,629 constant 2024 US$ | +14.2% |
| 2016 | 109,002 constant 2024 US$ | +44.1% |
| 2017 | 109,540 constant 2024 US$ | +0.5% |
| 2018 | 129,841 constant 2024 US$ | +18.5% |
| 2019 | 149,342 constant 2024 US$ | +15.0% |
| 2020 | 104,649 constant 2024 US$ | -29.9% |
Latvia compared with similar countries
- Latvia's 104,649 constant 2024 US$ is below the median for high income countries, which is 131,220 constant 2024 US$, 80% of the median. (54 countries reporting)
- Latvia's 104,649 constant 2024 US$ is above the median for Europe & Central Asia, which is 55,593 constant 2024 US$, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending per armed forces personnel in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +233.1% | 41,463 constant 2024 US$ | 138,121 constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,975 constant 2024 US$ | 8,300 constant 2024 US$ | 23,193 constant 2024 US$ | 7 |
| 2000s | 61,864 constant 2024 US$ | 20,347 constant 2024 US$ | 138,121 constant 2024 US$ | 10 |
| 2010s | 89,941 constant 2024 US$ | 59,496 constant 2024 US$ | 149,342 constant 2024 US$ | 10 |
| 2020s | 104,649 constant 2024 US$ | 104,649 constant 2024 US$ | 104,649 constant 2024 US$ | 1 |
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 per armed forces personnel in Latvia?
- Military spending per armed forces personnel in Latvia was 104,649 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Latvia?
- The highest recorded value was 149,342 constant 2024 US$ in 2019.
- What is the lowest military spending per armed forces personnel recorded in Latvia?
- The lowest recorded value was 8,300 constant 2024 US$ in 1996.
- How does Latvia rank for military spending per armed forces personnel?
- Latvia ranks 32nd out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Latvia?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.