Prefer this file over scraping the HTML page.

# Latvia Military Expenditure (USD)

> Latvia military expenditure (usd) is $1.4B as of Dec 2024, from $1.3B. History from 1993, source World Bank. Free API & MCP access.

Military Expenditure (USD) in Latvia rose to $1.4B in Dec 2024 from $1.3B in Dec 2023.

Military Expenditure (USD) in Latvia averaged $378.9M from 1993 until 2024, reaching an all-time high of $1.4B in Dec 2024 and a record low of $17.7M in Dec 1993. The series is reported yearly with history from 1993.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| $1.4B | $1.3B | $1.4B (Dec 2024) | $17.7M (Dec 1993) | 1993–2024 | USD | annual |

## FAQ

**What is Latvia's military expenditure (usd) right now?**

Military Expenditure (USD) in Latvia is $1.4B as of Dec 2024.

**What are the historical extremes for Latvia's military expenditure (usd)?**

The all-time high is $1.4B (Dec 2024); the record low is $17.7M (Dec 1993), over a series starting in 1993.

**How often is this series updated?**

Military Expenditure (USD) for Latvia is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=latvia&indicator=military-expenditure-usd`.
Back to [Latvia economy](/latvia.md).