Military spending, per unit of GDP in Latvia
Latvia: Military spending, per unit of GDP was 0.0329 constant 2024 US$ per US$ of GDP in 2025. ▲ Rising
Military spending, per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.
Analysis
Latvia recorded 0.0329 constant 2024 US$ per US$ of GDP for military spending, per unit of gdp in 2025.
Compared with earlier readings it is up 0.6% on the previous year and up 116.1% over ten years.
Over the whole period, military spending, per unit of gdp in Latvia peaked at 0.0384 constant 2024 US$ per US$ of GDP in 2002 and was at its lowest, 0.0116 constant 2024 US$ per US$ of GDP, in 2014.
That places Latvia 22nd out of 160 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Military spending, per unit of GDP in Latvia, year by year
| Year | constant 2024 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0234 constant 2024 US$ per US$ of GDP | — |
| 1996 | 0.0176 constant 2024 US$ per US$ of GDP | -24.8% |
| 1997 | 0.0156 constant 2024 US$ per US$ of GDP | -11.5% |
| 1998 | 0.0153 constant 2024 US$ per US$ of GDP | -1.9% |
| 1999 | 0.0189 constant 2024 US$ per US$ of GDP | +23.8% |
| 2000 | 0.0223 constant 2024 US$ per US$ of GDP | +17.9% |
| 2001 | 0.0265 constant 2024 US$ per US$ of GDP | +18.9% |
| 2002 | 0.0384 constant 2024 US$ per US$ of GDP | +44.8% |
| 2003 | 0.0364 constant 2024 US$ per US$ of GDP | -5.1% |
| 2004 | 0.032 constant 2024 US$ per US$ of GDP | -12.2% |
| 2005 | 0.0315 constant 2024 US$ per US$ of GDP | -1.3% |
| 2006 | 0.0316 constant 2024 US$ per US$ of GDP | +0.3% |
| 2007 | 0.024 constant 2024 US$ per US$ of GDP | -24.3% |
| 2008 | 0.0202 constant 2024 US$ per US$ of GDP | -15.6% |
| 2009 | 0.0171 constant 2024 US$ per US$ of GDP | -15.6% |
| 2010 | 0.0142 constant 2024 US$ per US$ of GDP | -17.1% |
| 2011 | 0.0129 constant 2024 US$ per US$ of GDP | -8.6% |
| 2012 | 0.0117 constant 2024 US$ per US$ of GDP | -9.9% |
| 2013 | 0.0116 constant 2024 US$ per US$ of GDP | -0.1% |
| 2014 | 0.0116 constant 2024 US$ per US$ of GDP | -0.1% |
| 2015 | 0.0152 constant 2024 US$ per US$ of GDP | +31.2% |
| 2016 | 0.0213 constant 2024 US$ per US$ of GDP | +40.0% |
| 2017 | 0.0224 constant 2024 US$ per US$ of GDP | +4.8% |
| 2018 | 0.0269 constant 2024 US$ per US$ of GDP | +20.5% |
| 2019 | 0.0271 constant 2024 US$ per US$ of GDP | +0.5% |
| 2020 | 0.0282 constant 2024 US$ per US$ of GDP | +4.2% |
| 2021 | 0.0255 constant 2024 US$ per US$ of GDP | -9.5% |
| 2022 | 0.0256 constant 2024 US$ per US$ of GDP | +0.2% |
| 2023 | 0.0297 constant 2024 US$ per US$ of GDP | +16.2% |
| 2024 | 0.0327 constant 2024 US$ per US$ of GDP | +10.1% |
| 2025 | 0.0329 constant 2024 US$ per US$ of GDP | +0.6% |
Latvia compared with similar countries
- Latvia's 0.0329 constant 2024 US$ per US$ of GDP is above the median for high income countries, which is 0.0197 constant 2024 US$ per US$ of GDP, 1.7× the median. (54 countries reporting)
- Latvia's 0.0329 constant 2024 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.019 constant 2024 US$ per US$ of GDP, 1.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0182 constant 2024 US$ per US$ of GDP | 0.0153 constant 2024 US$ per US$ of GDP | 0.0234 constant 2024 US$ per US$ of GDP | 5 |
| 2000s | 0.028 constant 2024 US$ per US$ of GDP | 0.0171 constant 2024 US$ per US$ of GDP | 0.0384 constant 2024 US$ per US$ of GDP | 10 |
| 2010s | 0.0175 constant 2024 US$ per US$ of GDP | 0.0116 constant 2024 US$ per US$ of GDP | 0.0271 constant 2024 US$ per US$ of GDP | 10 |
| 2020s | 0.0291 constant 2024 US$ per US$ of GDP | 0.0255 constant 2024 US$ per US$ of GDP | 0.0329 constant 2024 US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 19 Jordan 0.0406 constant 2024 US$ per US$ of GDP compare
- 20 Brunei 0.0365 constant 2024 US$ per US$ of GDP compare
- 21 Libya 0.0363 constant 2024 US$ per US$ of GDP compare
- 23 Morocco 0.0323 constant 2024 US$ per US$ of GDP compare
- 24 Estonia 0.0306 constant 2024 US$ per US$ of GDP compare
- 25 Burkina Faso 0.0306 constant 2024 US$ per US$ of GDP 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 unit of gdp in Latvia?
- Military spending, per unit of gdp in Latvia was 0.0329 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Latvia?
- The highest recorded value was 0.0384 constant 2024 US$ per US$ of GDP in 2002.
- What is the lowest military spending, per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0116 constant 2024 US$ per US$ of GDP in 2014.
- How does Latvia rank for military spending, per unit of gdp?
- Latvia ranks 22nd out of 160 countries with data for 2025.
- Is military spending, per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 116.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.