Military spending per military personnel in Latvia
Latvia: Military spending per military personnel was 150,221 constant 2022 US$ in 2022. ◆ Volatile
Latest (2022)
150,221 constant 2022 US$
Change on year
up 30.8%
World rank
36th
of 170 countries
All-time high
163,037 constant 2022 US$
in 2018
All-time low
2,241 constant 2022 US$
in 1920
Years of data
54
1918–2022
Military spending per military personnel in Latvia, 1918–2022
Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2022, military spending per military personnel in Latvia stood at 150,221 constant 2022 US$.
That represents a change of up 30.8% on the previous year and up 159.6% over ten years.
Over the whole period, military spending per military personnel in Latvia peaked at 163,037 constant 2022 US$ in 2018 and was at its lowest, 2,241 constant 2022 US$, in 1920.
That places Latvia 36th out of 170 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per military personnel in Latvia, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1918 | 3,566 constant 2022 US$ | — |
| 1919 | 2,627 constant 2022 US$ | -26.3% |
| 1920 | 2,241 constant 2022 US$ | -14.7% |
| 1921 | 2,743 constant 2022 US$ | +22.4% |
| 1922 | 3,250 constant 2022 US$ | +18.5% |
| 1923 | 3,642 constant 2022 US$ | +12.1% |
| 1924 | 3,816 constant 2022 US$ | +4.8% |
| 1925 | 4,839 constant 2022 US$ | +26.8% |
| 1926 | 4,952 constant 2022 US$ | +2.3% |
| 1927 | 5,230 constant 2022 US$ | +5.6% |
| 1928 | 5,306 constant 2022 US$ | +1.4% |
| 1929 | 5,217 constant 2022 US$ | -1.7% |
| 1930 | 4,984 constant 2022 US$ | -4.5% |
| 1931 | 4,202 constant 2022 US$ | -15.7% |
| 1932 | 4,127 constant 2022 US$ | -1.8% |
| 1933 | 4,030 constant 2022 US$ | -2.4% |
| 1934 | 5,381 constant 2022 US$ | +33.5% |
| 1935 | 5,694 constant 2022 US$ | +5.8% |
| 1936 | 5,998 constant 2022 US$ | +5.3% |
| 1937 | 5,474 constant 2022 US$ | -8.7% |
| 1938 | 5,946 constant 2022 US$ | +8.6% |
| 1939 | 5,015 constant 2022 US$ | -15.7% |
| 1940 | 4,639 constant 2022 US$ | -7.5% |
| 1992 | 20,383 constant 2022 US$ | +339.4% |
| 1993 | 19,104 constant 2022 US$ | -6.3% |
| 1994 | 15,753 constant 2022 US$ | -17.5% |
| 1995 | 17,258 constant 2022 US$ | +9.6% |
| 1996 | 17,509 constant 2022 US$ | +1.5% |
| 1997 | 23,575 constant 2022 US$ | +34.6% |
| 1998 | 18,875 constant 2022 US$ | -19.9% |
| 1999 | 20,840 constant 2022 US$ | +10.4% |
| 2000 | 24,505 constant 2022 US$ | +17.6% |
| 2001 | 24,307 constant 2022 US$ | -0.8% |
| 2002 | 32,157 constant 2022 US$ | +32.3% |
| 2003 | 52,704 constant 2022 US$ | +63.9% |
| 2004 | 56,639 constant 2022 US$ | +7.5% |
| 2005 | 62,863 constant 2022 US$ | +11.0% |
| 2006 | 86,510 constant 2022 US$ | +37.6% |
| 2007 | 105,327 constant 2022 US$ | +21.8% |
| 2008 | 97,502 constant 2022 US$ | -7.4% |
| 2009 | 80,928 constant 2022 US$ | -17.0% |
| 2010 | 56,370 constant 2022 US$ | -30.3% |
| 2011 | 55,735 constant 2022 US$ | -1.1% |
| 2012 | 57,876 constant 2022 US$ | +3.8% |
| 2013 | 63,236 constant 2022 US$ | +9.3% |
| 2014 | 68,432 constant 2022 US$ | +8.2% |
| 2015 | 71,071 constant 2022 US$ | +3.9% |
| 2016 | 95,414 constant 2022 US$ | +34.3% |
| 2017 | 126,402 constant 2022 US$ | +32.5% |
| 2018 | 163,037 constant 2022 US$ | +29.0% |
| 2019 | 152,102 constant 2022 US$ | -6.7% |
| 2020 | 139,099 constant 2022 US$ | -8.5% |
| 2021 | 114,870 constant 2022 US$ | -17.4% |
| 2022 | 150,221 constant 2022 US$ | +30.8% |
Latvia compared with similar countries
- Latvia's 150,221 constant 2022 US$ is below the median for high income countries, which is 182,526 constant 2022 US$, 82% of the median. (54 countries reporting)
- Latvia's 150,221 constant 2022 US$ is above the median for Europe & Central Asia, which is 90,225 constant 2022 US$, 1.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Military spending per military personnel in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +339.4% | 4,639 constant 2022 US$ | 20,383 constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1910s | 3,097 constant 2022 US$ | 2,627 constant 2022 US$ | 3,566 constant 2022 US$ | 2 |
| 1920s | 4,124 constant 2022 US$ | 2,241 constant 2022 US$ | 5,306 constant 2022 US$ | 10 |
| 1930s | 5,085 constant 2022 US$ | 4,030 constant 2022 US$ | 5,998 constant 2022 US$ | 10 |
| 1940s | 4,639 constant 2022 US$ | 4,639 constant 2022 US$ | 4,639 constant 2022 US$ | 1 |
| 1990s | 19,162 constant 2022 US$ | 15,753 constant 2022 US$ | 23,575 constant 2022 US$ | 8 |
| 2000s | 62,344 constant 2022 US$ | 24,307 constant 2022 US$ | 105,327 constant 2022 US$ | 10 |
| 2010s | 90,967 constant 2022 US$ | 55,735 constant 2022 US$ | 163,037 constant 2022 US$ | 10 |
| 2020s | 134,730 constant 2022 US$ | 114,870 constant 2022 US$ | 150,221 constant 2022 US$ | 3 |
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 military personnel in Latvia?
- Military spending per military personnel in Latvia was 150,221 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
- What is the highest military spending per military personnel recorded in Latvia?
- The highest recorded value was 163,037 constant 2022 US$ in 2018.
- What is the lowest military spending per military personnel recorded in Latvia?
- The lowest recorded value was 2,241 constant 2022 US$ in 1920.
- How does Latvia rank for military spending per military personnel?
- Latvia ranks 36th out of 170 countries with data for 2022.
- Is military spending per military personnel rising or falling in Latvia?
- Over the last ten years it is up 159.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.