What is the difference in military expenditure between Armenia and Latvia, Republic of?

7.68 million current USD, with Latvia, Republic of ahead.

How many years of comparable data are there for Armenia and Latvia, Republic of?

31 years are reported by both, from 1993 to 2024.

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.

Armenia vs Latvia, Republic of: Military expenditure

Armenia

1.42 billion current USD

in 2024

Latvia, Republic of

1.43 billion current USD

in 2024

Armenia rank

76th

Latvia, Republic of rank

75th

Military expenditure over time

Armenia
Latvia, Republic of

How they compare

Latvia, Republic of 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, Republic of ahead.

Armenia ranks 76th and Latvia, Republic of ranks 75th of 167 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Latvia, Republic of in 2.

Head to head by decade

Decade	Armenia	Latvia, Republic of	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, Republic of
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, Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Armenia or Latvia, Republic of?: Latvia, Republic of, 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, Republic of?: 7.68 million current USD, with Latvia, Republic of ahead.
How many years of comparable data are there for Armenia and Latvia, Republic of?: 31 years are reported by both, from 1993 to 2024.
How do Armenia and Latvia, Republic of rank globally for military expenditure?: Armenia ranks 76th and Latvia, Republic of ranks 75th of 167 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.

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Armenia vs Latvia, Republic of: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 18 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/armenia/latvia/

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About this data

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)