Latvia vs Low & middle income: Military expenditure

Latvia
3.3%
in 2024
Low & middle income
1.8%
in 2024
Latvia rank
27th
Low & middle income rank
24th

Military expenditure over time

  • Latvia
  • Low & middle income
1234196119922024

How they compare

Latvia currently reports 3.3% against 1.8% in Low & middle income, a difference of 1.5%.

That makes Latvia's figure about 1.8 times Low & middle income's.

The two have swapped places 3 times across 32 shared years of data; in 1993 it was Low & middle income ahead.

Latvia ranks 27th and Low & middle income ranks 24th of 165 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Low & middle income in 3.

Head to head by decade

Decade Latvia Low & middle income Difference Ahead
1990s 0.7% 2.0% 1.2% Low & middle income
2000s 1.5% 1.8% 0.3% Low & middle income
2010s 1.4% 1.7% 0.4% Low & middle income
2020s 2.6% 1.7% 0.8% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Latvia or Low & middle income?
Latvia, at 3.3% against 1.8% in Low & middle income as of 2024.
What is the difference in military expenditure between Latvia and Low & middle income?
1.5%, with Latvia ahead.
How many years of comparable data are there for Latvia and Low & middle income?
32 years are reported by both, from 1993 to 2024.
How do Latvia and Low & middle income rank globally for military expenditure?
Latvia ranks 27th and Low & middle income ranks 24th 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 Low & middle income: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-percent-of-gdp/latvia/low-and-middle-income/

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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