Latvia vs Lower middle income: Military expenditure (current USD), per capita

Latvia
763.99 current USD per person
in 2024
Lower middle income
43.69 current USD per person
in 2024
Latvia rank
28th
Lower middle income rank
29th

Military expenditure (current USD), per capita over time

  • Latvia
  • Lower middle income
0200400600800196019922024

How they compare

Latvia currently reports 763.99 current USD per person against 43.69 current USD per person in Lower middle income, a difference of 720.3 current USD per person.

That makes Latvia's figure about 17.5 times Lower middle income's.

The two have swapped places 3 times across 32 shared years of data; in 1993 it was Lower middle income ahead.

Latvia ranks 28th and Lower middle income ranks 29th of 167 countries.

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

Head to head by decade

Decade Latvia Lower middle income Difference Ahead
1990s 15.74 current USD per person 15.16 current USD per person 0.5798 current USD per person Latvia
2000s 125.8 current USD per person 24.82 current USD per person 100.98 current USD per person Latvia
2010s 201.03 current USD per person 36.89 current USD per person 164.14 current USD per person Latvia
2020s 542.47 current USD per person 42.67 current USD per person 499.8 current USD per person Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per capita, Latvia or Lower middle income?
Latvia, at 763.99 current USD per person against 43.69 current USD per person in Lower middle income as of 2024.
What is the difference in military expenditure (current usd), per capita between Latvia and Lower middle income?
720.3 current USD per person, with Latvia ahead.
How many years of comparable data are there for Latvia and Lower middle income?
32 years are reported by both, from 1993 to 2024.
How do Latvia and Lower middle income rank globally for military expenditure (current usd), per capita?
Latvia ranks 28th and Lower middle income ranks 29th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Lower middle income: Military expenditure (current USD), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-capita/latvia/lower-middle-income/

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About this data

Indicator
Military expenditure (current USD), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.