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
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
| Period | Value | Status | Provenance & calculation |
|---|---|---|---|
| 1990 | Unavailable USD | missing | Inspect evidence
World Bank — World Development Indicators · observation #73163 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1991 | Unavailable USD | missing | Inspect evidence
World Bank — World Development Indicators · observation #73162 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1992 | Unavailable USD | missing | Inspect evidence
World Bank — World Development Indicators · observation #73161 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: Missing · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1993 | ≈ 17,691,507.97
Exact value17691507.9721057000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73160 · revision 1
Value 17691507.9721057000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 17691507.9721057000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1994 | ≈ 33,900,348.04
Exact value33900348.0435733000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73159 · revision 1
Value 33900348.0435733000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 33900348.0435733000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1995 | ≈ 43,560,331.06
Exact value43560331.0585160000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73158 · revision 1
Value 43560331.0585160000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 43560331.0585160000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1996 | ≈ 38,154,934.56
Exact value38154934.5559927000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73157 · revision 1
Value 38154934.5559927000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 38154934.5559927000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1997 | ≈ 37,988,313.15
Exact value37988313.1495215000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73156 · revision 1
Value 37988313.1495215000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 37988313.1495215000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1998 | ≈ 42,180,166.50
Exact value42180166.5044200000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73155 · revision 1
Value 42180166.5044200000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 42180166.5044200000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 1999 | ≈ 56,568,626.39
Exact value56568626.3912459000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73154 · revision 1
Value 56568626.3912459000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 56568626.3912459000 · Initial observation · 2026-10-17 04:45:46 · source revision unspecified |
| 2000 | ≈ 69,990,683.36
Exact value69990683.3593674000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73153 · revision 1
Value 69990683.3593674000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 69990683.3593674000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2001 | ≈ 86,966,741.10
Exact value86966741.0976613000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73152 · revision 1
Value 86966741.0976613000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 86966741.0976613000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2002 | ≈ 147,224,840.18
Exact value147224840.1843100000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73151 · revision 1
Value 147224840.1843100000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 147224840.1843100000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2003 | ≈ 189,144,251.39
Exact value189144251.3921410000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73150 · revision 1
Value 189144251.3921410000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 189144251.3921410000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2004 | ≈ 229,353,322.50
Exact value229353322.5009530000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73149 · revision 1
Value 229353322.5009530000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 229353322.5009530000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2005 | ≈ 272,551,115.78
Exact value272551115.7794650000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73148 · revision 1
Value 272551115.7794650000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 272551115.7794650000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2006 | ≈ 367,825,490.44
Exact value367825490.4444380000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73147 · revision 1
Value 367825490.4444380000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 367825490.4444380000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2007 | ≈ 481,492,627.14
Exact value481492627.1441470000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73146 · revision 1
Value 481492627.1441470000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 481492627.1441470000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2008 | ≈ 581,752,272.93
Exact value581752272.9265940000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73145 · revision 1
Value 581752272.9265940000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 581752272.9265940000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2009 | ≈ 363,809,251.07
Exact value363809251.0700890000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73144 · revision 1
Value 363809251.0700890000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 363809251.0700890000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2010 | ≈ 259,672,124.20
Exact value259672124.1974670000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73143 · revision 1
Value 259672124.1974670000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 259672124.1974670000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2011 | ≈ 296,834,929.21
Exact value296834929.2125110000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73142 · revision 1
Value 296834929.2125110000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 296834929.2125110000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2012 | ≈ 255,740,342.59
Exact value255740342.5892490000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73141 · revision 1
Value 255740342.5892490000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 255740342.5892490000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2013 | ≈ 283,568,932.74
Exact value283568932.7399980000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73140 · revision 1
Value 283568932.7399980000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 283568932.7399980000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2014 | ≈ 295,728,965.27
Exact value295728965.2657110000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73139 · revision 1
Value 295728965.2657110000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 295728965.2657110000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2015 | ≈ 282,688,255.52
Exact value282688255.5173560000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73138 · revision 1
Value 282688255.5173560000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 282688255.5173560000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2016 | ≈ 404,552,452.17
Exact value404552452.1662630000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73137 · revision 1
Value 404552452.1662630000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 404552452.1662630000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2017 | ≈ 482,461,999.11
Exact value482461999.1138210000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73136 · revision 1
Value 482461999.1138210000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 482461999.1138210000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2018 | ≈ 709,370,536.93
Exact value709370536.9262180000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73135 · revision 1
Value 709370536.9262180000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 709370536.9262180000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2019 | ≈ 691,894,312.58
Exact value691894312.5839680000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73134 · revision 1
Value 691894312.5839680000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 691894312.5839680000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2020 | ≈ 742,049,469.96
Exact value742049469.9646640000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73133 · revision 1
Value 742049469.9646640000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 742049469.9646640000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2021 | ≈ 823,084,200.57
Exact value823084200.5676440000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73132 · revision 1
Value 823084200.5676440000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 823084200.5676440000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2022 | ≈ 856,142,771.80
Exact value856142771.7990360000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73131 · revision 1
Value 856142771.7990360000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 856142771.7990360000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2023 | ≈ 1,253,796,439.95
Exact value1253796439.9462400000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73130 · revision 1
Value 1253796439.9462400000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 1253796439.9462400000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2024 | ≈ 1,440,648,403.91
Exact value1440648403.9062500000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73129 · revision 1
Value 1440648403.9062500000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 1440648403.9062500000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
| 2025 | ≈ 1,731,606,615.08
Exact value1731606615.0756900000 | available | Inspect evidence
World Bank — World Development Indicators · observation #73128 · revision 1
Value 1731606615.0756900000 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI 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 historyRevision 1: 1731606615.0756900000 · Initial observation · 2026-10-17 04:45:45 · source revision unspecified |
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