Military expenditure (current USD), per capita in Latvia
Latvia: Military expenditure (current USD), per capita was 763.99 current USD per person in 2024. ◆ Volatile
Military expenditure (current USD), per capita in Latvia, 1993–2024
Source: Statizoid (derived). Measured in current USD per person.
Analysis
The most recent figure for military expenditure (current usd), per capita in Latvia is 763.99 current USD per person, measured in 2024. That is the highest value across all 32 years on record.
The figure is up 14.8% on the previous year and up 415.1% over ten years.
Over the whole period, military expenditure (current usd), per capita in Latvia peaked at 763.99 current USD per person in 2024 and was at its lowest, 6.9 current USD per person, in 1993.
That places Latvia 28th out of 167 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.74 current USD per person | 6.9 current USD per person | 23.66 current USD per person | 7 |
| 2000s | 125.8 current USD per person | 29.56 current USD per person | 267.19 current USD per person | 10 |
| 2010s | 201.03 current USD per person | 123.8 current USD per person | 368.09 current USD per person | 10 |
| 2020s | 542.47 current USD per person | 390.46 current USD per person | 763.99 current USD per person | 5 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 20,148 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per capita in Latvia?
- Military expenditure (current usd), per capita in Latvia was 763.99 current USD per person in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per capita recorded in Latvia?
- The highest recorded value was 763.99 current USD per person in 2024.
- What is the lowest military expenditure (current usd), per capita recorded in Latvia?
- The lowest recorded value was 6.9 current USD per person in 1993.
- How does Latvia rank for military expenditure (current usd), per capita?
- Latvia ranks 28th out of 167 countries with data for 2024.
- Is military expenditure (current usd), per capita rising or falling in Latvia?
- Over the last ten years it is up 415.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ Population, total
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.