Armenia vs Latvia: Military expenditure (current USD)
Armenia
1.42 billion current USD
in 2024
Latvia
1.43 billion current USD
in 2024
Armenia rank
76th
Latvia rank
75th
Military expenditure (current USD) over time
- Armenia
- Latvia
How they compare
Latvia currently reports 1.43 billion current USD against 1.42 billion current USD in Armenia, a difference of 7.68 million current USD.
The two have swapped places 6 times across 31 shared years of data; in 1993 it was Latvia ahead.
Armenia ranks 76th and Latvia ranks 75th of 168 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 52.25 million current USD | 39.36 million current USD | 12.90 million current USD | Armenia |
| 2000s | 173.76 million current USD | 279.01 million current USD | 105.25 million current USD | Latvia |
| 2010s | 455.65 million current USD | 396.25 million current USD | 59.39 million current USD | Armenia |
| 2020s | 958.57 million current USD | 1.02 billion current USD | 61.58 million current USD | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Armenia or Latvia?
- Latvia, at 1.43 billion current USD against 1.42 billion current USD in Armenia as of 2024.
- What is the difference in military expenditure between Armenia and Latvia?
- 7.68 million current USD, with Latvia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 31 years are reported by both, from 1993 to 2024.
- How do Armenia and Latvia rank globally for military expenditure?
- Armenia ranks 76th and Latvia ranks 75th of 168 countries.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)