What is the difference in military expenditure between Estonia and Latvia?

15.00 million current LCU, with Estonia ahead.

How many years of comparable data are there for Estonia and Latvia?

32 years are reported by both, from 1993 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Estonia vs Latvia: Military expenditure

Estonia

1.33 billion current LCU

in 2024

Latvia

1.32 billion current LCU

in 2024

Estonia rank

140th

Latvia rank

141st

Military expenditure over time

Estonia
Latvia

How they compare

Estonia currently reports 1.33 billion current LCU against 1.32 billion current LCU in Latvia, a difference of 15.00 million current LCU.

The two have swapped places 5 times across 32 shared years of data; in 1993 it was Latvia ahead.

Estonia ranks 140th and Latvia ranks 141st of 167 countries.

Across the 4 decades both report, Estonia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade	Estonia	Latvia	Difference	Ahead
1990s	37.24 million current LCU	31.50 million current LCU	5.74 million current LCU	Estonia
2000s	180.86 million current LCU	212.17 million current LCU	31.31 million current LCU	Latvia
2010s	405.47 million current LCU	331.50 million current LCU	73.97 million current LCU	Estonia
2020s	903.60 million current LCU	927.90 million current LCU	24.30 million current LCU	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Estonia or Latvia?: Estonia, at 1.33 billion current LCU against 1.32 billion current LCU in Latvia as of 2024.
What is the difference in military expenditure between Estonia and Latvia?: 15.00 million current LCU, with Estonia ahead.
How many years of comparable data are there for Estonia and Latvia?: 32 years are reported by both, from 1993 to 2024.
How do Estonia and Latvia rank globally for military expenditure?: Estonia ranks 140th and Latvia ranks 141st of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/estonia/latvia/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 20 August 2026

Military expenditure in local currency at current prices (by calendar year)