Latvia
Military spending in US dollars in Latvia
Military spending in US dollars in Latvia: $116M in 1993 and $1.6B in 2025, by SIPRI estimates.
- Latest, 2025
- $1.6B
- Since 1993
- +$1.49B
- Rank, 2025
- 68 of 151
- counting from the highest
US dollars at 2024 prices · SIPRI
What the numbers say
- The highest was $1.6B in 2025, the lowest $98.9M in 1997.
Every year
US dollars at 2024 prices · SIPRI
| Year | Latvia |
|---|---|
| 2025 | $1.6B |
| 2024 | $1.44B |
| 2023 | $1.27B |
| 2022 | $972M |
| 2021 | $975M |
| 2020 | $942M |
| 2019 | $896M |
| 2018 | $896M |
| 2017 | $657M |
| 2016 | $579M |
| 2015 | $402M |
| 2014 | $352M |
| 2013 | $339M |
| 2012 | $316M |
| 2011 | $344M |
| 2010 | $332M |
| 2009 | $439M |
| 2008 | $691M |
| 2007 | $705M |
| 2006 | $647M |
| 2005 | $514M |
| 2004 | $442M |
| 2003 | $410M |
| 2002 | $355M |
| 2001 | $217M |
| 2000 | $173M |
| 1999 | $138M |
| 1998 | $107M |
| 1997 | $98.9M |
| 1996 | $102M |
| 1995 | $131M |
| 1994 | $136M |
| 1993 | $116M |
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.
- 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 in numbers
Every measure for Latvia on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending3.61% of GDP in 2025
- Military spending per person$929 in 2025
- Military share of state spending8.2% of government spending in 2025
- Armed forces personnel9,000 people in 2020
- National power0.02% of world capability in 2022
- Armed forces, share of workers0.92% of the labour force in 2020
- Arms imports19 million TIV in 2024
- Arms exports1 million TIV in 2025