Military spending, per capita in Latvia
Latvia: Military spending, per capita was 866.58 constant 2024 US$ per person in 2025. ◆ Volatile
Military spending, per capita in Latvia, 1993–2025
Source: Statizoid (derived). Measured in constant 2024 US$ per person.
Analysis
In 2025, military spending, per capita in Latvia stood at 866.58 constant 2024 US$ per person. That is the highest value across all 33 years on record.
The figure is up 12.3% on the previous year and up 326.7% over ten years.
Over the whole period, military spending, per capita in Latvia peaked at 866.58 constant 2024 US$ per person in 2025 and was at its lowest, 40.64 constant 2024 US$ per person, in 1997.
That places Latvia 29th out of 161 countries with data for 2025, 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 capita in Latvia, year by year
| Year | constant 2024 US$ per person | Change |
|---|---|---|
| 1993 | 45.24 constant 2024 US$ per person | — |
| 1994 | 53.76 constant 2024 US$ per person | +18.8% |
| 1995 | 52.84 constant 2024 US$ per person | -1.7% |
| 1996 | 41.55 constant 2024 US$ per person | -21.4% |
| 1997 | 40.64 constant 2024 US$ per person | -2.2% |
| 1998 | 44.2 constant 2024 US$ per person | +8.8% |
| 1999 | 57.92 constant 2024 US$ per person | +31.0% |
| 2000 | 73.05 constant 2024 US$ per person | +26.1% |
| 2001 | 92.88 constant 2024 US$ per person | +27.2% |
| 2002 | 153.64 constant 2024 US$ per person | +65.4% |
| 2003 | 178.97 constant 2024 US$ per person | +16.5% |
| 2004 | 195.31 constant 2024 US$ per person | +9.1% |
| 2005 | 229.75 constant 2024 US$ per person | +17.6% |
| 2006 | 291.48 constant 2024 US$ per person | +26.9% |
| 2007 | 320.35 constant 2024 US$ per person | +9.9% |
| 2008 | 317.18 constant 2024 US$ per person | -1.0% |
| 2009 | 204.79 constant 2024 US$ per person | -35.4% |
| 2010 | 158.32 constant 2024 US$ per person | -22.7% |
| 2011 | 166.85 constant 2024 US$ per person | +5.4% |
| 2012 | 155.3 constant 2024 US$ per person | -6.9% |
| 2013 | 168.53 constant 2024 US$ per person | +8.5% |
| 2014 | 176.44 constant 2024 US$ per person | +4.7% |
| 2015 | 203.08 constant 2024 US$ per person | +15.1% |
| 2016 | 295.38 constant 2024 US$ per person | +45.5% |
| 2017 | 338.39 constant 2024 US$ per person | +14.6% |
| 2018 | 464.88 constant 2024 US$ per person | +37.4% |
| 2019 | 468.2 constant 2024 US$ per person | +0.7% |
| 2020 | 495.59 constant 2024 US$ per person | +5.8% |
| 2021 | 517.38 constant 2024 US$ per person | +4.4% |
| 2022 | 517.22 constant 2024 US$ per person | -0.0% |
| 2023 | 675.27 constant 2024 US$ per person | +30.6% |
| 2024 | 772 constant 2024 US$ per person | +14.3% |
| 2025 | 866.58 constant 2024 US$ per person | +12.3% |
Latvia compared with similar countries
- Latvia's 866.58 constant 2024 US$ per person is below the median for high income countries, which is 883.8 constant 2024 US$ per person, 98% of the median. (54 countries reporting)
- Latvia's 866.58 constant 2024 US$ per person is above the median for Europe & Central Asia, which is 531.76 constant 2024 US$ per person, 1.6× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.02 constant 2024 US$ per person | 40.64 constant 2024 US$ per person | 57.92 constant 2024 US$ per person | 7 |
| 2000s | 205.74 constant 2024 US$ per person | 73.05 constant 2024 US$ per person | 320.35 constant 2024 US$ per person | 10 |
| 2010s | 259.54 constant 2024 US$ per person | 155.3 constant 2024 US$ per person | 468.2 constant 2024 US$ per person | 10 |
| 2020s | 640.67 constant 2024 US$ per person | 495.59 constant 2024 US$ per person | 866.58 constant 2024 US$ per person | 6 |
Countries ranked near Latvia
- 26 France 938.81 constant 2024 US$ per person compare
- 27 Bahrain 914.63 constant 2024 US$ per person compare
- 28 Canada 901.03 constant 2024 US$ per person compare
- 30 Switzerland 786.6 constant 2024 US$ per person compare
- 31 Italy 771.27 constant 2024 US$ per person compare
- 32 Spain 763.75 constant 2024 US$ per person 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, per capita in Latvia?
- Military spending, per capita in Latvia was 866.58 constant 2024 US$ per person in 2025, according to Statizoid (derived).
- What is the highest military spending, per capita recorded in Latvia?
- The highest recorded value was 866.58 constant 2024 US$ per person in 2025.
- What is the lowest military spending, per capita recorded in Latvia?
- The lowest recorded value was 40.64 constant 2024 US$ per person in 1997.
- How does Latvia rank for military spending, per capita?
- Latvia ranks 29th out of 161 countries with data for 2025.
- Is military spending, per capita rising or falling in Latvia?
- Over the last ten years it is up 326.7%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ Population, total
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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
Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.