Military expenditure share of the budget — all countries

Military expenditure share of the budget — Latvia

Military expenditure share of the budget in Latvia in 2024 — 7.49%. Ranked 41 in the world out of 144. Since 1998, the indicator has risen by 5.9 pp.

2024 7.49% +0.65 pp vs 2023
World rank 41of 144
Period maximum 7.49%2024
Period minimum 1.59%1998

Trend over time

1998–2024 · % of government expenditure

Military expenditure share of the budget — Latvia, 1998–20240246819982001200420072010201320162019202220241998: 1.59%1999: 1.91%2000: 2.43%2001: 3.03%2002: 4.5%2003: 4.89%2004: 4.77%2005: 4.67%2006: 5.06%2007: 4.71%2008: 4.46%2009: 3.25%2010: 2.54%2011: 2.69%2012: 2.45%2013: 2.52%2014: 2.5%2015: 2.77%2016: 4.01%2017: 4.37%2018: 5.42%2019: 5.36%2020: 5.22%2021: 4.84%2022: 5.18%2023: 6.84%2024: 7.49%
Change over the period: +5.9 pp Annual average: 0.23 pp

Comparison, 2024

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

Latvia 7.49%
World 6.75%
Northern Europe computed 4.8%
Military expenditure share of the budget — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2024 7.49 +0.65 pp
2023 6.84 +1.66 pp
2022 5.18 +0.34 pp
2021 4.84 −0.39 pp
2020 5.22 −0.14 pp
2019 5.36 −0.06 pp
2018 5.42 +1.05 pp
2017 4.37 +0.35 pp
2016 4.01 +1.24 pp
2015 2.77 +0.28 pp
2014 2.5 −0.02 pp
2013 2.52 +0.07 pp
2012 2.45 −0.24 pp
2011 2.69 +0.15 pp
2010 2.54 −0.71 pp
2009 3.25 −1.22 pp
2008 4.46 −0.24 pp
2007 4.71 −0.36 pp
2006 5.06 +0.4 pp
2005 4.67 −0.1 pp
2004 4.77 −0.12 pp
2003 4.89 +0.38 pp
2002 4.5 +1.47 pp
2001 3.03 +0.6 pp
2000 2.43 +0.52 pp
1999 1.91 +0.32 pp
1998 1.59

Northern Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Military expenditure as a percent of total general government expenditure. Unlike the share of GDP it shows priorities inside the budget: a country can spend little on defense as a percent of GDP, yet with a small state that will be a substantial part of all government spending — and the other way round.

Important: The aggregate for country groups is weighted by government consumption in dollars: it makes up about two thirds of all budget spending, and the source does not publish budget expenditure in absolute terms.

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