Latvia vs Least developed countries: Military expenditure

Latvia
3.3%
in 2024
Least developed countries
1.5%
in 2024
Latvia rank
27th
Least developed countries rank
32nd

Military expenditure over time

  • Latvia
  • Least developed countries
12345197319982024

How they compare

Latvia currently reports 3.3% against 1.5% in Least developed countries, a difference of 1.8%.

That makes Latvia's figure about 2.1 times Least developed countries's.

The two have swapped places 1 time across 32 shared years of data; in 1993 it was Least developed countries ahead.

Latvia ranks 27th and Least developed countries ranks 32nd of 165 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Least developed countries in 3.

Head to head by decade

Decade Latvia Least developed countries Difference Ahead
1990s 0.7% 2.7% 1.9% Least developed countries
2000s 1.5% 2.1% 0.6% Least developed countries
2010s 1.4% 1.8% 0.4% Least developed countries
2020s 2.6% 1.5% 1.1% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Latvia or Least developed countries?
Latvia, at 3.3% against 1.5% in Least developed countries as of 2024.
What is the difference in military expenditure between Latvia and Least developed countries?
1.8%, with Latvia ahead.
How many years of comparable data are there for Latvia and Least developed countries?
32 years are reported by both, from 1993 to 2024.
How do Latvia and Least developed countries rank globally for military expenditure?
Latvia ranks 27th and Least developed countries ranks 32nd of 165 countries.
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.

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Latvia vs Least developed countries: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 06 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-percent-of-gdp/latvia/least-developed-countries-un-classification/

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About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
210 places, 10,550 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product