Latvia vs Sri Lanka: Military expenditure (current USD), gaps filled

Latvia
1.43 billion current USD
in 2024
Sri Lanka
1.33 billion current USD
in 2024
Latvia rank
75th
Sri Lanka rank
78th

Military expenditure (current USD), gaps filled over time

  • Latvia
  • Sri Lanka
0500.0M1.0B1.5B2.0B196019922024

How they compare

Latvia currently reports 1.43 billion current USD against 1.33 billion current USD in Sri Lanka, a difference of 92.38 million current USD.

That makes Latvia's figure about 1.1 times Sri Lanka's.

The two have swapped places 1 time across 32 shared years of data; in 1993 it was Sri Lanka ahead.

Latvia ranks 75th and Sri Lanka ranks 78th of 167 countries.

Sri Lanka has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Sri Lanka Difference Ahead
1990s 38.58 million current USD 626.55 million current USD 587.97 million current USD Sri Lanka
2000s 279.01 million current USD 875.39 million current USD 596.38 million current USD Sri Lanka
2010s 396.25 million current USD 1.71 billion current USD 1.32 billion current USD Sri Lanka
2020s 1.02 billion current USD 1.31 billion current USD 285.29 million current USD Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), gaps filled, Latvia or Sri Lanka?
Latvia, at 1.43 billion current USD against 1.33 billion current USD in Sri Lanka as of 2024.
What is the difference in military expenditure (current usd), gaps filled between Latvia and Sri Lanka?
92.38 million current USD, with Latvia ahead.
How many years of comparable data are there for Latvia and Sri Lanka?
32 years are reported by both, from 1993 to 2024.
How do Latvia and Sri Lanka rank globally for military expenditure (current usd), gaps filled?
Latvia ranks 75th and Sri Lanka ranks 78th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Sri Lanka: Military expenditure (current USD), gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/latvia/sri-lanka/

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About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.