Latvia Military Expenditure
3.3%▲ +0.3%
Dec 2024 · Annual
Military Expenditure in Latvia rose to 3.3% in Dec 2024 from 3.0% in Dec 2023.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.3% | 3.0% | 3.3%Dec 2024 | 0.6%Dec 1997 | 1993 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 46.9% | 46.2% | 48.2% | 9.0% | Dec 2025 | Annual |
| Military Expenditure (USD) | $1.4B | $1.3B | $1.4B | $17.7M | Dec 2024 | Annual |
About this series
Military Expenditure in Latvia averaged 1.5% from 1993 until 2024, reaching an all-time high of 3.3% in Dec 2024 and a record low of 0.6% in Dec 1997. The series is reported yearly with history from 1993.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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