Latvia vs United States of America: Military expenditure (current USD), per unit of GDP

Latvia
0.0324 current USD per US$ of GDP
in 2024
United States of America
0.034 current USD per US$ of GDP
in 2024
Latvia rank
30th
United States of America rank
28th

Military expenditure (current USD), per unit of GDP over time

  • Latvia
  • United States of America
00.020.040.060.080.1196019922024

How they compare

United States of America currently reports 0.034 current USD per US$ of GDP against 0.0324 current USD per US$ of GDP in Latvia, a difference of 0.0016 current USD per US$ of GDP.

That makes United States of America's figure about 1.1 times Latvia's.

Across all 30 years both countries report, United States of America has been ahead every year.

Latvia ranks 30th and United States of America ranks 28th of 166 countries.

United States of America has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia United States of America Difference Ahead
1990s 0.0068 current USD per US$ of GDP 0.0343 current USD per US$ of GDP 0.0275 current USD per US$ of GDP United States of America
2000s 0.0151 current USD per US$ of GDP 0.0391 current USD per US$ of GDP 0.024 current USD per US$ of GDP United States of America
2010s 0.0135 current USD per US$ of GDP 0.0388 current USD per US$ of GDP 0.0252 current USD per US$ of GDP United States of America
2020s 0.0256 current USD per US$ of GDP 0.0341 current USD per US$ of GDP 0.0085 current USD per US$ of GDP United States of America

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 United States of America?
United States of America, at 0.034 current USD per US$ of GDP against 0.0324 current USD per US$ of GDP in Latvia as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Latvia and United States of America?
0.0016 current USD per US$ of GDP, with United States of America ahead.
How many years of comparable data are there for Latvia and United States of America?
30 years are reported by both, from 1995 to 2024.
How do Latvia and United States of America rank globally for military expenditure (current usd), per unit of gdp?
Latvia ranks 30th and United States of America 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.

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Latvia vs United States of America: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/latvia/united-states/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

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.