Military expenditure share of GDP
SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.
MILITARY_EXPENDITURE_GDP_SHARE · raw · annual · percent
Military economic burden
Military expenditure share of GDP
Military economic burden
SIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability.
Data and evidence
Military expenditure share of GDP
Latvia
| Period | Value | Status | Provenance & calculation |
|---|---|---|---|
| 1990 | Unavailable percent | missing | Inspect evidence
World Bank — World Development Indicators · observation #80939 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: Missing · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1991 | Unavailable percent | missing | Inspect evidence
World Bank — World Development Indicators · observation #80938 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: Missing · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1992 | Unavailable percent | missing | Inspect evidence
World Bank — World Development Indicators · observation #80937 · revision 1
Value Missing · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: Missing · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1993 | ≈ 0.74
Exact value0.7352954064 | available | Inspect evidence
World Bank — World Development Indicators · observation #80936 · revision 1
Value 0.7352954064 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.7352954064 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1994 | ≈ 0.84
Exact value0.8387572270 | available | Inspect evidence
World Bank — World Development Indicators · observation #80935 · revision 1
Value 0.8387572270 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.8387572270 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1995 | ≈ 0.83
Exact value0.8315371791 | available | Inspect evidence
World Bank — World Development Indicators · observation #80934 · revision 1
Value 0.8315371791 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.8315371791 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1996 | ≈ 0.66
Exact value0.6579438134 | available | Inspect evidence
World Bank — World Development Indicators · observation #80933 · revision 1
Value 0.6579438134 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.6579438134 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1997 | ≈ 0.60
Exact value0.5982683371 | available | Inspect evidence
World Bank — World Development Indicators · observation #80932 · revision 1
Value 0.5982683371 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.5982683371 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1998 | ≈ 0.60
Exact value0.6047795006 | available | Inspect evidence
World Bank — World Development Indicators · observation #80931 · revision 1
Value 0.6047795006 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.6047795006 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 1999 | ≈ 0.77
Exact value0.7723688092 | available | Inspect evidence
World Bank — World Development Indicators · observation #80930 · revision 1
Value 0.7723688092 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.7723688092 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2000 | ≈ 0.90
Exact value0.9017669706 | available | Inspect evidence
World Bank — World Development Indicators · observation #80929 · revision 1
Value 0.9017669706 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.9017669706 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2001 | ≈ 1.06
Exact value1.0618032343 | available | Inspect evidence
World Bank — World Development Indicators · observation #80928 · revision 1
Value 1.0618032343 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.0618032343 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2002 | ≈ 1.59
Exact value1.5917994426 | available | Inspect evidence
World Bank — World Development Indicators · observation #80927 · revision 1
Value 1.5917994426 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.5917994426 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2003 | ≈ 1.68
Exact value1.6822033495 | available | Inspect evidence
World Bank — World Development Indicators · observation #80926 · revision 1
Value 1.6822033495 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.6822033495 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2004 | ≈ 1.66
Exact value1.6586901203 | available | Inspect evidence
World Bank — World Development Indicators · observation #80925 · revision 1
Value 1.6586901203 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.6586901203 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2005 | ≈ 1.67
Exact value1.6714210582 | available | Inspect evidence
World Bank — World Development Indicators · observation #80924 · revision 1
Value 1.6714210582 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.6714210582 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2006 | ≈ 1.80
Exact value1.7999599504 | available | Inspect evidence
World Bank — World Development Indicators · observation #80923 · revision 1
Value 1.7999599504 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.7999599504 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2007 | ≈ 1.64
Exact value1.6364993661 | available | Inspect evidence
World Bank — World Development Indicators · observation #80922 · revision 1
Value 1.6364993661 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.6364993661 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2008 | ≈ 1.70
Exact value1.7043587605 | available | Inspect evidence
World Bank — World Development Indicators · observation #80921 · revision 1
Value 1.7043587605 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.7043587605 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2009 | ≈ 1.42
Exact value1.4159349875 | available | Inspect evidence
World Bank — World Development Indicators · observation #80920 · revision 1
Value 1.4159349875 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.4159349875 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2010 | ≈ 1.11
Exact value1.1061172800 | available | Inspect evidence
World Bank — World Development Indicators · observation #80919 · revision 1
Value 1.1061172800 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.1061172800 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2011 | ≈ 1.11
Exact value1.1073762663 | available | Inspect evidence
World Bank — World Development Indicators · observation #80918 · revision 1
Value 1.1073762663 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.1073762663 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2012 | ≈ 0.94
Exact value0.9429346381 | available | Inspect evidence
World Bank — World Development Indicators · observation #80917 · revision 1
Value 0.9429346381 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.9429346381 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2013 | ≈ 0.97
Exact value0.9728462489 | available | Inspect evidence
World Bank — World Development Indicators · observation #80916 · revision 1
Value 0.9728462489 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.9728462489 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2014 | ≈ 0.98
Exact value0.9780388807 | available | Inspect evidence
World Bank — World Development Indicators · observation #80915 · revision 1
Value 0.9780388807 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 0.9780388807 · Initial observation · 2026-10-17 04:46:33 · source revision unspecified |
| 2015 | ≈ 1.07
Exact value1.0735224757 | available | Inspect evidence
World Bank — World Development Indicators · observation #80914 · revision 1
Value 1.0735224757 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.0735224757 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2016 | ≈ 1.50
Exact value1.5017445790 | available | Inspect evidence
World Bank — World Development Indicators · observation #80913 · revision 1
Value 1.5017445790 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.5017445790 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2017 | ≈ 1.65
Exact value1.6527573681 | available | Inspect evidence
World Bank — World Development Indicators · observation #80912 · revision 1
Value 1.6527573681 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 1.6527573681 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2018 | ≈ 2.13
Exact value2.1347300222 | available | Inspect evidence
World Bank — World Development Indicators · observation #80911 · revision 1
Value 2.1347300222 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. 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.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.1347300222 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2019 | ≈ 2.09
Exact value2.0901680221 | available | Inspect evidence
World Bank — World Development Indicators · observation #80910 · revision 1
Value 2.0901680221 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.0901680221 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2020 | ≈ 2.23
Exact value2.2275952169 | available | Inspect evidence
World Bank — World Development Indicators · observation #80909 · revision 1
Value 2.2275952169 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.2275952169 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2021 | ≈ 2.16
Exact value2.1557798751 | available | Inspect evidence
World Bank — World Development Indicators · observation #80908 · revision 1
Value 2.1557798751 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.1557798751 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2022 | ≈ 2.25
Exact value2.2546193106 | available | Inspect evidence
World Bank — World Development Indicators · observation #80907 · revision 1
Value 2.2546193106 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.2546193106 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2023 | ≈ 2.93
Exact value2.9332537598 | available | Inspect evidence
World Bank — World Development Indicators · observation #80906 · revision 1
Value 2.9332537598 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 2.9332537598 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2024 | ≈ 3.30
Exact value3.2978665257 | available | Inspect evidence
World Bank — World Development Indicators · observation #80905 · revision 1
Value 3.2978665257 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 3.2978665257 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
| 2025 | ≈ 3.61
Exact value3.6077210003 | available | Inspect evidence
World Bank — World Development Indicators · observation #80904 · revision 1
Value 3.6077210003 · reported · Published Unknown · Retrieved 2026-10-17 Source referenceSIPRI military expenditure as a percentage of GDP. This is an indicator of the economic burden of military spending, not military capability. Provider world_bank · indicator MS.MIL.XPND.GD.ZS · dataset 2 · reported Dataset updated 2026-10-08 (not observation publication date) Revision historyRevision 1: 3.6077210003 · Initial observation · 2026-10-17 04:46:32 · source revision unspecified |
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