IDA only vs Latvia: Military expenditure (current USD), per unit of GDP
IDA only
0.0146 current USD per US$ of GDP
in 2024
Latvia
0.0324 current USD per US$ of GDP
in 2024
IDA only rank
29th
Latvia rank
30th
Military expenditure (current USD), per unit of GDP over time
- IDA only
- Latvia
How they compare
Latvia currently reports 0.0324 current USD per US$ of GDP against 0.0146 current USD per US$ of GDP in IDA only, a difference of 0.0178 current USD per US$ of GDP.
That makes Latvia's figure about 2.2 times IDA only's.
The two have swapped places 1 time across 30 shared years of data; in 1995 it was IDA only ahead.
IDA only ranks 29th and Latvia ranks 30th of 41 groups.
Across the 4 decades both report, IDA only averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | IDA only | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0434 current USD per US$ of GDP | 0.0068 current USD per US$ of GDP | 0.0366 current USD per US$ of GDP | IDA only |
| 2000s | 0.0532 current USD per US$ of GDP | 0.0151 current USD per US$ of GDP | 0.0381 current USD per US$ of GDP | IDA only |
| 2010s | 0.0146 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 0.001 current USD per US$ of GDP | IDA only |
| 2020s | 0.0134 current USD per US$ of GDP | 0.0256 current USD per US$ of GDP | 0.0122 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 only or Latvia?
- Latvia, at 0.0324 current USD per US$ of GDP against 0.0146 current USD per US$ of GDP in IDA only as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between IDA only and Latvia?
- 0.0178 current USD per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for IDA only and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do IDA only and Latvia rank globally for military expenditure (current usd), per unit of gdp?
- IDA only ranks 29th 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.