What is the difference in military expenditure between Estonia and Latvia?

16.23 million current USD, with Estonia ahead.

How many years of comparable data are there for Estonia and Latvia?

32 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.

Estonia vs Latvia: Military expenditure

Estonia

1.44 billion current USD

in 2024

Latvia

1.43 billion current USD

in 2024

Estonia rank

73rd

Latvia rank

75th

Military expenditure over time

Estonia
Latvia

How they compare

Estonia currently reports 1.44 billion current USD against 1.43 billion current USD in Latvia, a difference of 16.23 million current USD.

The two have swapped places 5 times across 32 shared years of data; in 1993 it was Latvia ahead.

Estonia ranks 73rd and Latvia ranks 75th of 167 countries.

Across the 4 decades both report, Estonia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade	Estonia	Latvia	Difference	Ahead
1990s	43.26 million current USD	38.58 million current USD	4.68 million current USD	Estonia
2000s	226.64 million current USD	279.01 million current USD	52.37 million current USD	Latvia
2010s	490.03 million current USD	396.25 million current USD	93.78 million current USD	Estonia
2020s	992.57 million current USD	1.02 billion current USD	27.58 million current USD	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Estonia or Latvia?: Estonia, at 1.44 billion current USD against 1.43 billion current USD in Latvia as of 2024.
What is the difference in military expenditure between Estonia and Latvia?: 16.23 million current USD, with Estonia ahead.
How many years of comparable data are there for Estonia and Latvia?: 32 years are reported by both, from 1993 to 2024.
How do Estonia and Latvia rank globally for military expenditure?: Estonia ranks 73rd and Latvia 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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Estonia vs Latvia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 19 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/estonia/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)