Arms exports — all countries

Arms exports — Latvia

Arms exports in Latvia in 2024 — 1,000,000 M TIV. Ranked 45 in the world out of 45. Since 1994, the indicator has fallen by 88.9%.

2024 1,000,000 M TIV −83.33% vs 2023
World rank 45of 45
Period maximum 11,000,000 M TIV2022
Period minimum 1,000,000 M TIV2024

Trend over time

1994–2024 · million TIV (constant 1990 prices)

Arms exports — Latvia, 1994–202405,000,00010,000,00015,000,000199419972000200320062009201220152018202120241994: 9,000,000 M TIV2022: 11,000,000 M TIV2023: 6,000,000 M TIV2024: 1,000,000 M TIV
Change over the period: −8,000,000 (−88.89%) Average annual rate: -7.06 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 1,000,000 M TIV
World 26,995,000,000 M TIV
Europe & Central Asia 11,027,000,000 M TIV
Arms exports — Latvia, by year Latvia All countries CSV XLSX
Year M TIV Change Change, %
2024 1,000,000 −5,000,000 −83.33%
2023 6,000,000 −5,000,000 −45.45%
2022 11,000,000
1994 9,000,000

About the indicator

Transfers of major conventional weapons expressed in SIPRI trend-indicator values (TIV) in constant 1990 prices. TIV reflects the military capability of the equipment transferred rather than the price of the contract: deals of equal value can give different TIV, and secondhand equipment is valued below new.

Important: TIV cannot be read as the monetary value of the transfers — it is an indicator of the volume of military capability handed over.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.