Heavily indebted poor countries (HIPC) vs Latvia: Military expenditure (current USD), per unit of GDP
Military expenditure (current USD), per unit of GDP over time
- Heavily indebted poor countries (HIPC)
- Latvia
How they compare
Latvia currently reports 0.0324 current USD per US$ of GDP against 0.0117 current USD per US$ of GDP in Heavily indebted poor countries (HIPC), a difference of 0.0207 current USD per US$ of GDP.
That makes Latvia's figure about 2.8 times Heavily indebted poor countries (HIPC)'s.
The two have swapped places 5 times across 30 shared years of data; in 1995 it was Heavily indebted poor countries (HIPC) ahead.
Heavily indebted poor countries (HIPC) ranks 33rd and Latvia ranks 30th of 41 groups.
Across the 4 decades both report, Heavily indebted poor countries (HIPC) averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0127 current USD per US$ of GDP | 0.0068 current USD per US$ of GDP | 0.0059 current USD per US$ of GDP | Heavily indebted poor countries (HIPC) |
| 2000s | 0.0148 current USD per US$ of GDP | 0.0151 current USD per US$ of GDP | 0.0004 current USD per US$ of GDP | Latvia |
| 2010s | 0.0116 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 0.0019 current USD per US$ of GDP | Latvia |
| 2020s | 0.012 current USD per US$ of GDP | 0.0256 current USD per US$ of GDP | 0.0136 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, Heavily indebted poor countries (HIPC) or Latvia?
- Latvia, at 0.0324 current USD per US$ of GDP against 0.0117 current USD per US$ of GDP in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Heavily indebted poor countries (HIPC) and Latvia?
- 0.0207 current USD per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Heavily indebted poor countries (HIPC) and Latvia rank globally for military expenditure (current usd), per unit of gdp?
- Heavily indebted poor countries (HIPC) ranks 33rd and Latvia ranks 30th of 41 groups.
- 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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About this data
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.