Latvia vs Least developed countries: Military expenditure (current USD), per unit of GDP
Military expenditure (current USD), per unit of GDP over time
- Latvia
- Least developed countries
How they compare
Latvia currently reports 0.0324 current USD per US$ of GDP against 0.0152 current USD per US$ of GDP in Least developed countries, a difference of 0.0172 current USD per US$ of GDP.
That makes Latvia's figure about 2.1 times Least developed countries's.
The two have swapped places 1 time across 30 shared years of data; in 1995 it was Least developed countries ahead.
Latvia ranks 30th and Least developed countries ranks 27th of 166 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Least developed countries in 3.
Head to head by decade
| Decade | Latvia | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0068 current USD per US$ of GDP | 0.0463 current USD per US$ of GDP | 0.0395 current USD per US$ of GDP | Least developed countries |
| 2000s | 0.0151 current USD per US$ of GDP | 0.059 current USD per US$ of GDP | 0.0438 current USD per US$ of GDP | Least developed countries |
| 2010s | 0.0135 current USD per US$ of GDP | 0.017 current USD per US$ of GDP | 0.0034 current USD per US$ of GDP | Least developed countries |
| 2020s | 0.0256 current USD per US$ of GDP | 0.014 current USD per US$ of GDP | 0.0116 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, Latvia or Least developed countries?
- Latvia, at 0.0324 current USD per US$ of GDP against 0.0152 current USD per US$ of GDP in Least developed countries as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Latvia and Least developed countries?
- 0.0172 current USD per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and Least developed countries?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Least developed countries rank globally for military expenditure (current usd), per unit of gdp?
- Latvia ranks 30th and Least developed countries ranks 27th 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.
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.