Latvia vs Other small states: Military expenditure (current USD), per unit of GDP
Latvia
0.0324 current USD per US$ of GDP
in 2024
Other small states
0.0146 current USD per US$ of GDP
in 2024
Latvia rank
30th
Other small states rank
28th
Military expenditure (current USD), per unit of GDP over time
- Latvia
- Other small states
How they compare
Latvia currently reports 0.0324 current USD per US$ of GDP against 0.0146 current USD per US$ of GDP in Other small states, a difference of 0.0178 current USD per US$ of GDP.
That makes Latvia's figure about 2.2 times Other small states's.
The two have swapped places 3 times across 30 shared years of data; in 1995 it was Other small states ahead.
Latvia ranks 30th and Other small states ranks 28th of 166 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Other small states in 1.
Head to head by decade
| Decade | Latvia | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0068 current USD per US$ of GDP | 0.0195 current USD per US$ of GDP | 0.0127 current USD per US$ of GDP | Other small states |
| 2000s | 0.0151 current USD per US$ of GDP | 0.0131 current USD per US$ of GDP | 0.002 current USD per US$ of GDP | Latvia |
| 2010s | 0.0135 current USD per US$ of GDP | 0.0119 current USD per US$ of GDP | 0.0016 current USD per US$ of GDP | Latvia |
| 2020s | 0.0256 current USD per US$ of GDP | 0.0132 current USD per US$ of GDP | 0.0125 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 Other small states?
- Latvia, at 0.0324 current USD per US$ of GDP against 0.0146 current USD per US$ of GDP in Other small states as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Latvia and Other small states?
- 0.0178 current USD per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and Other small states?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Other small states rank globally for military expenditure (current usd), per unit of gdp?
- Latvia ranks 30th and Other small states ranks 28th 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.