Latvia vs Russia

Latvia vs Russia: Military spending in US dollars

Military spending in US dollars in 2025: $1.6B in Latvia and $158B in Russia, by SIPRI estimates. In 2025 the value was higher in Russia, by $157B, or 99 times that in Latvia.

US dollars at 2024 prices · SIPRI

Latvia vs Russia: Military spending in US dollarsMilitary spending in US dollars in 2025: $1.6B in Latvia and $158B in Russia, by SIPRI estimates. In 2025 the value was higher in Russia, by $157B, or 99 times that in Latvia.
LatviaRussiaSIPRI estimate

What the numbers say

  • Russia has been higher in every year both have figures for since 1993.
  • In 2025, Latvia ranked 68 and Russia ranked 3 of 151 countries, counting from the highest.

Every year

US dollars at 2024 prices · SIPRI

YearLatviaRussia
2025$1.6B$158B
2024$1.44B$149B
2023$1.27B$109B
2022$972M$88.7B
2021$975M$68.5B
2020$942M$67.2B
2019$896M$65.6B
2018$896M$62.8B
2017$657M$65.3B
2016$579M$80.6B
2015$402M$75.1B
2014$352M$69.7B
2013$339M$65B
2012$316M$62B
2011$344M$53.5B
2010$332M$50.2B
2009$439M$49.2B
2008$691M$46.9B
2007$705M$42.6B
2006$647M$39.2B
2005$514M$35.4B
2004$442M$31.1B
2003$410M$29.8B
2002$355M$28.4B
2001$217M$25.7B
2000$173M$23.7B
1999$138M$17.6B
1998$107M$15.8B
1997$98.9M$26.6B
1996$102M$24.4B
1995$131M$25.8B
1994$136M$39.2B
1993$116M$41.5B
1992–$47.5B
  • Estimate

Each country on its own

Good to know

  • What the country spends on its armed forces and defence, in constant 2024 US dollars so that years compare, by SIPRI’s count.
  • Source: Information from the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database, https://doi.org/10.55163/CQGC9685.
  • Marked points are SIPRI’s own: a dot where it gives the figure as its estimate, a ring where it calls the figure highly uncertain.
  • Ranks count the 151 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Latvia vs Russia

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