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Latvia - Military Spending 1994

Military expenditure as % of GDP · World Bank
0.84% +0.10% from 1993 Global rank: 19th

Latvia's military spending was 0.84% in 1994, increased +0.10% from 0.74% in 1993. This was the 19th highest globally.

Global Ranking - 1994▾
Military Spending by Country - 1994
RankCountryValueYoY
1st Tajikistan 0.00% -50.5%
2nd Haiti 0.07% -20.5%
3rd Gambia, The 0.26% -8.5%
4th Guinea-Bissau 0.32% 75.6%
5th Mauritius 0.33% 0.9%
6th Ghana 0.43% 1.1%
7th Mexico 0.48% 18.9%
8th Trinidad and Tobago 0.49% -1.1%
9th Lithuania 0.49% -39.3%
10th Malawi 0.58% 14.4%
11th Jamaica 0.63% -23.4%
12th Côte d'Ivoire 0.73% -24.8%
13th Dominican Republic 0.73% -2.8%
14th Luxembourg 0.74% 4.9%
15th Moldova 0.77% 46.0%
16th Nigeria 0.78% -16.3%
17th Nepal 0.79% -5.1%
18th Kazakhstan 0.84% -21.1%
19th Latvia 0.84% 14.1%
20th Cabo Verde 0.84% 10.9%
21st Japan 0.91% -4.7%
22nd Madagascar 0.93% -17.5%
23rd Guyana 1.01% 5.8%
24th Papua New Guinea 1.01% 10.4%
25th Malta 1.02% 2.2%
26th Estonia 1.04% 36.7%
27th Belize 1.05% 24.7%
28th Austria 1.09% -1.9%
29th Ireland 1.11% -2.7%
30th Guatemala 1.18% -7.0%
31st Nicaragua 1.19% -43.4%
32nd Panama 1.19% -0.5%
33rd Chad 1.22% -30.2%
34th Niger 1.23% 94.0%
35th Sierra Leone 1.25% -4.3%
36th Central African Republic 1.26% -16.1%
37th Indonesia 1.27% 3.5%
38th Tanzania 1.29% -6.2%
39th Cameroon 1.31% -1.2%
40th Ecuador 1.32% -12.6%
41st Switzerland 1.33% -2.5%
42nd Senegal 1.35% -19.2%
43rd El Salvador 1.35% -19.4%
44th Guinea 1.36% 1.1%
45th Burkina Faso 1.42% -23.6%
46th Mali 1.44% -8.0%
47th Argentina 1.46% 2.4%
48th Uzbekistan 1.53% -
49th Bangladesh 1.53% 7.0%
50th Germany 1.54% -8.4%
51st Kenya 1.64% -10.7%
52nd Slovenia 1.65% -9.0%
53rd Mongolia 1.65% -3.4%
54th Belgium 1.68% -3.4%
55th Portugal 1.68% -5.9%
56th China 1.69% -12.2%
57th Canada 1.70% -6.9%
58th Fiji 1.70% -5.9%
59th Italy 1.71% -4.1%
60th Zambia 1.72% 20.3%
61st Tunisia 1.74% 0.6%
62nd Denmark 1.74% -7.0%
63rd Namibia 1.75% -28.9%
64th Finland 1.76% -6.0%
65th Turkmenistan 1.80% -
66th Eswatini 1.82% 4.0%
67th Hungary 1.82% -4.3%
68th New Zealand 1.85% -4.3%
69th Netherlands 1.91% -5.7%
70th Slovak Republic 1.94% -2.8%
71st European Union 1.94% -3.9%
72nd Azerbaijan 1.95% -61.1%
73rd Equatorial Guinea 1.99% -
74th Spain 2.00% -0.5%
75th Uganda 2.02% 4.4%
76th Brazil 2.02% 4.6%
77th Paraguay 2.05% -6.0%
78th Iran, Islamic Republic of 2.07% 21.9%
79th Sweden 2.11% -5.7%
80th Australia 2.11% -2.8%
81st Philippines 2.17% 0.7%
82nd Mauritania 2.24% -7.1%
83rd Bolivia, Plurinational State of 2.25% 17.4%
84th Poland 2.27% -7.9%
85th Czechia 2.28% -2.0%
86th Ukraine 2.42% 456.3%
87th Seychelles 2.44% -11.4%
88th Mozambique 2.46% 19.6%
89th Peru 2.47% -9.9%
90th Bulgaria 2.49% -4.5%
91st Thailand 2.50% -0.9%
92nd Colombia 2.51% -0.7%
93rd Albania 2.55% -20.4%
94th South Africa 2.56% 2.7%
95th Uruguay 2.58% -7.7%
96th Togo 2.58% -35.9%
97th Kyrgyz Republic 2.59% 68.8%
98th Chile 2.60% -4.0%
99th Viet Nam 2.65% 17.3%
100th India 2.66% -5.6%
101st Norway 2.68% 1.6%
102nd France 2.69% -1.1%
103rd Lesotho 2.74% 10.7%
104th Malaysia 2.85% -1.0%
105th Zimbabwe 3.11% -5.6%
106th Romania 3.11% 13.7%
107th Algeria 3.15% 25.6%
108th Egypt, Arab Republic of 3.15% 1.8%
109th Korea 3.19% -6.6%
110th United Kingdom 3.38% -5.8%
111th Rwanda 3.44% -24.2%
112th Myanmar 3.54% 0.5%
113th Greece 3.58% -0.5%
114th Belarus 3.62% 29.8%
115th Sri Lanka 3.73% 8.7%
116th Singapore 3.79% -7.3%
117th Cambodia 3.84% 118.2%
118th Sudan 3.90% -20.8%
119th Burundi 3.92% 5.4%
120th Botswana 4.01% -18.8%
121st Cyprus 4.02% -1.3%
122nd Türkiye 4.05% 3.3%
123rd United States 4.22% -8.5%
124th Morocco 4.49% -3.5%
125th Russian Federation 4.52% 8.2%
126th Bahrain 5.11% -4.8%
127th Angola 5.71% -67.4%
128th Djibouti 5.76% -6.5%
129th Pakistan 5.92% -7.8%
130th Brunei Darussalam 5.98% 4.2%
131st Jordan 6.54% -6.3%
132nd Lebanon 7.00% 16.4%
133rd Syrian Arab Republic 7.36% 1.7%
134th Lao PDR 7.52% -7.2%
135th Yemen, Republic of 8.40% 18.9%
136th Israel 10.12% -12.2%
137th Saudi Arabia 10.64% -14.6%
138th Croatia 11.15% 3.9%
139th Oman 11.77% 2.1%
140th Eritrea 12.72% -40.4%
141st Kuwait 13.26% 6.6%
142nd Liberia 29.73% 56.6%
Source: World Bank (MS.MIL.XPND.GD.ZS)

FAQ

What was Latvia's military spending in 1994?▾

Latvia's military spending in 1994 was 0.84%. This ranked 19th globally.

How did Latvia's military spending change in 1994?▾

Latvia's military spending increased by 14.1% in 1994 compared to 1993.

Which country had the highest military spending in 1994?▾

Liberia had the highest military spending in 1994 at 29.73%.

What is the military spending of Latvia in 1994?▾

The military spending of Latvia in 1994 was 0.84%. This ranked 19th globally.

How does 1994 compare to 1993 for Latvia's military spending?▾

Latvia's military spending went from 0.74% in 1993 to 0.84% in 1994, a 14.1% increase.

HistorySaid - pattern alert

Latvia matched the Export Boom Cycle pattern in 1994. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 2.3%. View full analysis →

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