← Latvia

Military expenditure, current USD

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

MILITARY_EXPENDITURE_CURRENT_USD · raw · annual · USD

Military resource scale

Show up to four metrics on separate charts with synchronized period highlighting.

Military expenditure, current USD

Military resource scale

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Data and evidence

Military expenditure, current USD

Latvia

Values and evidence for Latvia. Unavailable values are gaps, not zero.
PeriodValueStatusProvenance & calculation
1990Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #73163 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1991Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #73162 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1992Unavailable USDmissing
Inspect evidence
World Bank — World Development Indicators · observation #73161 · revision 1

Value Missing · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1993≈ 17,691,507.97
Exact value17691507.9721057000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73160 · revision 1

Value 17691507.9721057000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 17691507.9721057000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1994≈ 33,900,348.04
Exact value33900348.0435733000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73159 · revision 1

Value 33900348.0435733000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 33900348.0435733000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1995≈ 43,560,331.06
Exact value43560331.0585160000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73158 · revision 1

Value 43560331.0585160000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 43560331.0585160000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1996≈ 38,154,934.56
Exact value38154934.5559927000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73157 · revision 1

Value 38154934.5559927000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 38154934.5559927000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1997≈ 37,988,313.15
Exact value37988313.1495215000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73156 · revision 1

Value 37988313.1495215000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 37988313.1495215000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1998≈ 42,180,166.50
Exact value42180166.5044200000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73155 · revision 1

Value 42180166.5044200000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 42180166.5044200000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

1999≈ 56,568,626.39
Exact value56568626.3912459000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73154 · revision 1

Value 56568626.3912459000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 56568626.3912459000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified

2000≈ 69,990,683.36
Exact value69990683.3593674000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73153 · revision 1

Value 69990683.3593674000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 69990683.3593674000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2001≈ 86,966,741.10
Exact value86966741.0976613000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73152 · revision 1

Value 86966741.0976613000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 86966741.0976613000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2002≈ 147,224,840.18
Exact value147224840.1843100000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73151 · revision 1

Value 147224840.1843100000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 147224840.1843100000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2003≈ 189,144,251.39
Exact value189144251.3921410000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73150 · revision 1

Value 189144251.3921410000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 189144251.3921410000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2004≈ 229,353,322.50
Exact value229353322.5009530000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73149 · revision 1

Value 229353322.5009530000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 229353322.5009530000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2005≈ 272,551,115.78
Exact value272551115.7794650000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73148 · revision 1

Value 272551115.7794650000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 272551115.7794650000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2006≈ 367,825,490.44
Exact value367825490.4444380000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73147 · revision 1

Value 367825490.4444380000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 367825490.4444380000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2007≈ 481,492,627.14
Exact value481492627.1441470000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73146 · revision 1

Value 481492627.1441470000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 481492627.1441470000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2008≈ 581,752,272.93
Exact value581752272.9265940000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73145 · revision 1

Value 581752272.9265940000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 581752272.9265940000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2009≈ 363,809,251.07
Exact value363809251.0700890000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73144 · revision 1

Value 363809251.0700890000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 363809251.0700890000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2010≈ 259,672,124.20
Exact value259672124.1974670000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73143 · revision 1

Value 259672124.1974670000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 259672124.1974670000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2011≈ 296,834,929.21
Exact value296834929.2125110000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73142 · revision 1

Value 296834929.2125110000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 296834929.2125110000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2012≈ 255,740,342.59
Exact value255740342.5892490000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73141 · revision 1

Value 255740342.5892490000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 255740342.5892490000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2013≈ 283,568,932.74
Exact value283568932.7399980000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73140 · revision 1

Value 283568932.7399980000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 283568932.7399980000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2014≈ 295,728,965.27
Exact value295728965.2657110000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73139 · revision 1

Value 295728965.2657110000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 295728965.2657110000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2015≈ 282,688,255.52
Exact value282688255.5173560000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73138 · revision 1

Value 282688255.5173560000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 282688255.5173560000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2016≈ 404,552,452.17
Exact value404552452.1662630000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73137 · revision 1

Value 404552452.1662630000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 404552452.1662630000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2017≈ 482,461,999.11
Exact value482461999.1138210000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73136 · revision 1

Value 482461999.1138210000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 482461999.1138210000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2018≈ 709,370,536.93
Exact value709370536.9262180000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73135 · revision 1

Value 709370536.9262180000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time. Provider footnote: Latvia adopted the Euro on the 1st January 2014, at a transition rate of €1 = 0.702804 lats. All figures have been converted into Euros using this rate. Figures for Latvia do not include allocations for military pensions paid by Russia, which averaged 27 million lats per year over 1996-1998. This country changed or redenominated its currency during the period; all current price local currency figures have been converted to the latest currency.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 709370536.9262180000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2019≈ 691,894,312.58
Exact value691894312.5839680000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73134 · revision 1

Value 691894312.5839680000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 691894312.5839680000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2020≈ 742,049,469.96
Exact value742049469.9646640000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73133 · revision 1

Value 742049469.9646640000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 742049469.9646640000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2021≈ 823,084,200.57
Exact value823084200.5676440000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73132 · revision 1

Value 823084200.5676440000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 823084200.5676440000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2022≈ 856,142,771.80
Exact value856142771.7990360000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73131 · revision 1

Value 856142771.7990360000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 856142771.7990360000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2023≈ 1,253,796,439.95
Exact value1253796439.9462400000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73130 · revision 1

Value 1253796439.9462400000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1253796439.9462400000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2024≈ 1,440,648,403.91
Exact value1440648403.9062500000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73129 · revision 1

Value 1440648403.9062500000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1440648403.9062500000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

2025≈ 1,731,606,615.08
Exact value1731606615.0756900000
USD
available
Inspect evidence
World Bank — World Development Indicators · observation #73128 · revision 1

Value 1731606615.0756900000 · reported · Published Unknown · Retrieved 2026-10-17

Source reference

SIPRI military expenditure in current US dollars. This measures nominal resource inputs, not military capability; exchange-rate and inflation changes affect comparisons over time.

Provider world_bank · indicator MS.MIL.XPND.CD · dataset 2 · reported

Dataset updated 2026-10-08 (not observation publication date)

Revision history

Revision 1: 1731606615.0756900000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified

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