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

325.08 million current LCU, with Latvia ahead.

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

28 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.

Gambia vs Latvia: Military expenditure

Gambia

992.92 million current LCU

in 2024

Latvia

1.32 billion current LCU

in 2024

Gambia rank

144th

Latvia rank

141st

Military expenditure over time

Gambia
Latvia

How they compare

Latvia currently reports 1.32 billion current LCU against 992.92 million current LCU in Gambia, a difference of 325.08 million current LCU.

That makes Latvia's figure about 1.3 times Gambia's.

The two have swapped places 7 times across 28 shared years of data; in 1993 it was Gambia ahead.

Gambia ranks 144th and Latvia ranks 141st of 167 countries.

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

Head to head by decade

Decade	Gambia	Latvia	Difference	Ahead
1990s	33.91 million current LCU	31.50 million current LCU	2.41 million current LCU	Gambia
2000s	108.75 million current LCU	212.17 million current LCU	103.42 million current LCU	Latvia
2010s	534.75 million current LCU	351.57 million current LCU	183.18 million current LCU	Gambia
2020s	855.98 million current LCU	927.90 million current LCU	71.92 million current LCU	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Gambia or Latvia?: Latvia, at 1.32 billion current LCU against 992.92 million current LCU in Gambia as of 2024.
What is the difference in military expenditure between Gambia and Latvia?: 325.08 million current LCU, with Latvia ahead.
How many years of comparable data are there for Gambia and Latvia?: 28 years are reported by both, from 1993 to 2024.
How do Gambia and Latvia rank globally for military expenditure?: Gambia ranks 144th 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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Gambia vs Latvia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/gambia-the/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)