Military spending as a share of GDP in Latvia

Latvia: Military spending as a share of GDP was 2.0% in 2019. ▲ Rising

Latest (2019)
2.0%
Change on year
up 8.0%
World rank
42nd
of 172 countries
All-time high
2.0%
in 2019
All-time low
0.2%
in 1991
Years of data
52
1918–2019

Military spending as a share of GDP in Latvia, 1918–2019

00.511.52191819682019

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

In 2019, military spending as a share of gdp in Latvia stood at 2.0%. That is the highest value across all 52 years on record.

Compared with earlier readings it is up 8.0% on the previous year and up 75.6% over ten years.

Over the whole period, military spending as a share of gdp in Latvia peaked at 2.0% in 2019 and was at its lowest, 0.2%, in 1991.

That places Latvia 42nd out of 172 countries with data for 2019, putting it in the top quarter.

The long-run direction has been consistently rising across the 52 years of available data.

Military spending as a share of GDP in Latvia, year by year

Annual values for Military spending as a share of GDP in Latvia, 1918 to 2019.
Year % of GDP Change
1918 0.6%
1919 0.5% -24.0%
1920 0.4% -14.1%
1921 0.5% +21.5%
1922 0.5% +11.9%
1923 0.6% +17.5%
1924 0.6% +2.3%
1925 0.8% +20.2%
1926 0.8% +6.0%
1927 0.9% +5.1%
1928 0.9% -0.1%
1929 0.8% -2.2%
1930 0.8% -1.0%
1931 0.8% -4.1%
1932 0.8% -4.1%
1933 0.8% +2.2%
1934 1.1% +35.2%
1935 1.1% +5.1%
1936 1.2% +4.7%
1937 1.1% -8.0%
1938 1.1% +6.6%
1939 1.0% -7.8%
1940 1.1% +8.6%
1991 0.2% -85.0%
1992 0.4% +156.4%
1993 0.5% +7.1%
1994 0.5% +5.4%
1995 0.7% +33.3%
1996 0.7% +0.5%
1997 0.6% -9.1%
1998 0.5% -24.3%
1999 0.5% +4.3%
2000 0.5% +13.7%
2001 0.6% +12.5%
2002 0.8% +24.3%
2003 1.0% +26.7%
2004 0.9% -0.9%
2005 1.0% +1.3%
2006 1.2% +24.4%
2007 1.4% +13.3%
2008 1.5% +9.8%
2009 1.1% -23.5%
2010 1.0% -15.0%
2011 0.9% -3.5%
2012 0.8% -17.4%
2013 0.8% +6.2%
2014 0.9% +8.1%
2015 0.9% +1.4%
2016 1.2% +30.0%
2017 1.5% +26.5%
2018 1.9% +25.2%
2019 2.0% +8.0%

Averages by decade

DecadeAverage LowestHighest Years
1910s 0.5% 0.5% 0.6% 2
1920s 0.7% 0.4% 0.9% 10
1930s 1.0% 0.8% 1.2% 10
1940s 1.1% 1.1% 1.1% 1
1990s 0.5% 0.2% 0.7% 9
2000s 1.0% 0.5% 1.5% 10
2010s 1.2% 0.8% 2.0% 10

Countries ranked near Latvia

  1. 39 Myanmar 2.1% compare
  2. 40 Russia 2.1% compare
  3. 41 Taiwan 2.0% compare
  4. 43 Sri Lanka 2.0% compare
  5. 44 Ecuador 2.0% compare
  6. 45 Togo 1.9% compare

See the full ranking of 172 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is military spending as a share of gdp in Latvia?
Military spending as a share of gdp in Latvia was 2.0% in 2019, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending as a share of gdp recorded in Latvia?
The highest recorded value was 2.0% in 2019.
What is the lowest military spending as a share of gdp recorded in Latvia?
The lowest recorded value was 0.2% in 1991.
How does Latvia rank for military spending as a share of gdp?
Latvia ranks 42nd out of 172 countries with data for 2019.
Is military spending as a share of gdp rising or falling in Latvia?
Over the last ten years it is up 75.6%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending as a share of GDP. Statizoid updates them automatically from the source API.

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Military spending as a share of GDP in Latvia. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/military-spending-as-a-share-of-gdp-gmsd/latvia/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).