Euro area vs Latvia: Military expenditure
Euro area
1.7%
in 2024
Latvia
3.3%
in 2024
Euro area rank
26th
Latvia rank
27th
Military expenditure over time
- Euro area
- Latvia
How they compare
Latvia currently reports 3.3% against 1.7% in Euro area, a difference of 1.6%.
That makes Latvia's figure about 1.9 times Euro area's.
The two have swapped places 3 times across 32 shared years of data; in 1993 it was Euro area ahead.
Euro area ranks 26th and Latvia ranks 27th of 45 groups.
Across the 4 decades both report, Euro area averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Euro area | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.8% | 0.7% | 1.1% | Euro area |
| 2000s | 1.5% | 1.5% | 0.0% | Euro area |
| 2010s | 1.4% | 1.4% | 0.0% | Latvia |
| 2020s | 1.6% | 2.6% | 1.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Euro area or Latvia?
- Latvia, at 3.3% against 1.7% in Euro area as of 2024.
- What is the difference in military expenditure between Euro area and Latvia?
- 1.6%, with Latvia ahead.
- How many years of comparable data are there for Euro area and Latvia?
- 32 years are reported by both, from 1993 to 2024.
- How do Euro area and Latvia rank globally for military expenditure?
- Euro area ranks 26th and Latvia ranks 27th of 45 groups.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure by country as percentage of gross domestic product