IDA blend vs Latvia: Military expenditure (current USD), per unit of GDP
IDA blend
0.0128 current USD per US$ of GDP
in 2024
Latvia
0.0324 current USD per US$ of GDP
in 2024
IDA blend rank
32nd
Latvia rank
30th
Military expenditure (current USD), per unit of GDP over time
- IDA blend
- Latvia
How they compare
Latvia currently reports 0.0324 current USD per US$ of GDP against 0.0128 current USD per US$ of GDP in IDA blend, a difference of 0.0196 current USD per US$ of GDP.
That makes Latvia's figure about 2.5 times IDA blend's.
The two have swapped places 3 times across 30 shared years of data; in 1995 it was IDA blend ahead.
IDA blend ranks 32nd and Latvia ranks 30th of 41 groups.
Across the 4 decades both report, IDA blend averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | IDA blend | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0171 current USD per US$ of GDP | 0.0068 current USD per US$ of GDP | 0.0102 current USD per US$ of GDP | IDA blend |
| 2000s | 0.0155 current USD per US$ of GDP | 0.0151 current USD per US$ of GDP | 0.0004 current USD per US$ of GDP | IDA blend |
| 2010s | 0.013 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 0.0005 current USD per US$ of GDP | Latvia |
| 2020s | 0.0126 current USD per US$ of GDP | 0.0256 current USD per US$ of GDP | 0.013 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, IDA blend or Latvia?
- Latvia, at 0.0324 current USD per US$ of GDP against 0.0128 current USD per US$ of GDP in IDA blend as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between IDA blend and Latvia?
- 0.0196 current USD per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for IDA blend and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do IDA blend and Latvia rank globally for military expenditure (current usd), per unit of gdp?
- IDA blend ranks 32nd 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.
Individual pages
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.