IDA & IBRD total vs Latvia: Military expenditure (% of GDP)
IDA & IBRD total
2.2%
in 2025
Latvia
3.6%
in 2025
IDA & IBRD total rank
17th
Latvia rank
20th
Military expenditure (% of GDP) over time
- IDA & IBRD total
- Latvia
How they compare
Latvia currently reports 3.6% against 2.2% in IDA & IBRD total, a difference of 1.4%.
That makes Latvia's figure about 1.6 times IDA & IBRD total's.
The two have swapped places 1 time across 33 shared years of data; in 1993 it was IDA & IBRD total ahead.
IDA & IBRD total ranks 17th and Latvia ranks 20th of 45 groups.
Across the 4 decades both report, IDA & IBRD total averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | IDA & IBRD total | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.1% | 0.7% | 1.4% | IDA & IBRD total |
| 2000s | 1.9% | 1.5% | 0.4% | IDA & IBRD total |
| 2010s | 1.8% | 1.4% | 0.5% | IDA & IBRD total |
| 2020s | 1.9% | 2.7% | 0.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, IDA & IBRD total or Latvia?
- Latvia, at 3.6% against 2.2% in IDA & IBRD total as of 2025.
- What is the difference in military expenditure between IDA & IBRD total and Latvia?
- 1.4%, with Latvia ahead.
- How many years of comparable data are there for IDA & IBRD total and Latvia?
- 33 years are reported by both, from 1993 to 2025.
- How do IDA & IBRD total and Latvia rank globally for military expenditure?
- IDA & IBRD total ranks 17th and Latvia ranks 20th 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