Latvia vs Small states: Military expenditure

Latvia
3.3%
in 2024
Small states
1.7%
in 2024
Latvia rank
27th
Small states rank
28th

Military expenditure over time

  • Latvia
  • Small states
123199320082024

How they compare

Latvia currently reports 3.3% against 1.7% in Small states, a difference of 1.6%.

That makes Latvia's figure about 1.9 times Small states's.

The two have swapped places 2 times across 17 shared years of data; in 2006 it was Latvia ahead.

Latvia ranks 27th and Small states ranks 28th of 165 countries.

Across the 3 decades both report, Latvia averaged higher in 2 and Small states in 1.

Head to head by decade

Decade Latvia Small states Difference Ahead
2000s 1.6% 1.4% 0.3% Latvia
2010s 1.3% 1.4% 0.1% Small states
2020s 2.6% 1.5% 1.0% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Latvia or Small states?
Latvia, at 3.3% against 1.7% in Small states as of 2024.
What is the difference in military expenditure between Latvia and Small states?
1.6%, with Latvia ahead.
How many years of comparable data are there for Latvia and Small states?
17 years are reported by both, from 2006 to 2024.
How do Latvia and Small states rank globally for military expenditure?
Latvia ranks 27th and Small states ranks 28th 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 Small states: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-percent-of-gdp/latvia/small-states/

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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