Estonia vs Latvia: Military expenditure (current USD), per unit of GDP

Estonia
0.0334 current USD per US$ of GDP
in 2024
Latvia
0.0324 current USD per US$ of GDP
in 2024
Estonia rank
29th
Latvia rank
30th

Military expenditure (current USD), per unit of GDP over time

  • Estonia
  • Latvia
00.010.020.03199320082024

How they compare

Estonia currently reports 0.0334 current USD per US$ of GDP against 0.0324 current USD per US$ of GDP in Latvia, a difference of 0.001 current USD per US$ of GDP.

The two have swapped places 6 times across 30 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 29th and Latvia ranks 30th of 166 countries.

Across the 4 decades both report, Estonia averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 0.0101 current USD per US$ of GDP 0.0068 current USD per US$ of GDP 0.0033 current USD per US$ of GDP Estonia
2000s 0.016 current USD per US$ of GDP 0.0151 current USD per US$ of GDP 0.0009 current USD per US$ of GDP Estonia
2010s 0.019 current USD per US$ of GDP 0.0135 current USD per US$ of GDP 0.0054 current USD per US$ of GDP Estonia
2020s 0.0255 current USD per US$ of GDP 0.0256 current USD per US$ of GDP 0.0001 current USD per US$ of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Estonia or Latvia?
Estonia, at 0.0334 current USD per US$ of GDP against 0.0324 current USD per US$ of GDP in Latvia as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Estonia and Latvia?
0.001 current USD per US$ of GDP, with Estonia ahead.
How many years of comparable data are there for Estonia and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Estonia and Latvia rank globally for military expenditure (current usd), per unit of gdp?
Estonia ranks 29th and Latvia ranks 30th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/estonia/latvia/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

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