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Latvia - Military Spending 2014

Name: Latvia Military Spending 2014
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

0.98% +0.01% from 2013 Global rank: 40th

Latvia's military spending was 0.98% in 2014, increased +0.01% from 0.97% in 2013. This was the 40th highest globally.

Global Ranking - 2014▾

Military Spending by Country - 2014
Rank	Country	Value	YoY
1st	Haiti	0.04%	17.4%
2nd	Mauritius	0.15%	-20.0%
3rd	Moldova	0.29%	4.2%
4th	Luxembourg	0.37%	2.3%
5th	Nigeria	0.41%	-11.7%
6th	Guatemala	0.42%	-9.9%
7th	Ireland	0.45%	-8.9%
8th	Liberia	0.47%	-5.3%
9th	Malta	0.48%	-4.5%
10th	Papua New Guinea	0.48%	-2.0%
11th	Ghana	0.48%	21.2%
12th	Cabo Verde	0.49%	1.8%
13th	Mexico	0.50%	1.6%
14th	Madagascar	0.56%	-3.8%
15th	Malawi	0.58%	-28.3%
16th	Switzerland	0.63%	-10.9%
17th	Dominican Republic	0.65%	6.5%
18th	Trinidad and Tobago	0.66%	-14.0%
19th	Nicaragua	0.69%	1.0%
20th	Benin	0.70%	2.0%
21st	Sierra Leone	0.75%	59.0%
22nd	Austria	0.75%	-0.3%
23rd	Kosovo	0.76%	5.1%
24th	Equatorial Guinea	0.77%	-69.0%
25th	Indonesia	0.78%	-15.3%
26th	Hungary	0.86%	-9.2%
27th	Mongolia	0.86%	4.5%
28th	Jamaica	0.87%	-2.9%
29th	Argentina	0.88%	4.8%
30th	Lithuania	0.88%	15.3%
31st	Congo, Democratic Republic of	0.89%	-17.1%
32nd	Uganda	0.92%	-1.4%
33rd	Belize	0.93%	6.6%
34th	Somalia, Fed. Rep.	0.94%	110.7%
35th	Guyana	0.95%	12.8%
36th	Japan	0.96%	1.8%
37th	Czechia	0.96%	-4.9%
38th	Belgium	0.97%	-3.8%
39th	Mozambique	0.97%	5.3%
40th	Latvia	0.98%	0.5%
41st	Slovak Republic	0.98%	0.6%
42nd	Slovenia	0.98%	-7.1%
43rd	Paraguay	0.99%	2.3%
44th	Canada	0.99%	-1.2%
45th	New Zealand	1.00%	-4.4%
46th	Tanzania	1.02%	4.5%
47th	South Africa	1.02%	-0.6%
48th	Bosnia and Herzegovina	1.03%	-5.6%
49th	El Salvador	1.04%	-4.1%
50th	Kazakhstan	1.04%	-3.4%
51st	Belarus	1.04%	-18.0%
52nd	Philippines	1.04%	-12.3%
53rd	Côte d'Ivoire	1.07%	7.3%
54th	North Macedonia	1.09%	-6.5%
55th	Rwanda	1.10%	4.5%
56th	Cameroon	1.10%	-5.2%
57th	Germany	1.13%	-3.0%
58th	Tajikistan	1.13%	12.9%
59th	Sweden	1.13%	1.5%
60th	Bangladesh	1.14%	2.0%
61st	Gabon	1.14%	-28.6%
62nd	Netherlands	1.15%	-0.8%
63rd	Denmark	1.15%	-6.0%
64th	Gambia, The	1.19%	57.4%
65th	Honduras	1.19%	-13.5%
66th	Kenya	1.20%	-14.0%
67th	Senegal	1.21%	-3.1%
68th	Spain	1.25%	-1.6%
69th	Cambodia	1.26%	2.6%
70th	Burkina Faso	1.27%	2.9%
71st	Italy	1.28%	-8.3%
72nd	Afghanistan	1.30%	20.5%
73rd	Portugal	1.31%	-9.2%
74th	Bulgaria	1.31%	-9.9%
75th	European Union	1.32%	-2.3%
76th	Brazil	1.33%	0.1%
77th	Niger	1.34%	28.1%
78th	Albania	1.35%	-4.4%
79th	Romania	1.35%	4.3%
80th	Thailand	1.38%	2.6%
81st	Nepal	1.43%	6.9%
82nd	Malaysia	1.46%	-2.9%
83rd	Finland	1.46%	-5.2%
84th	Norway	1.46%	4.1%
85th	Montenegro	1.47%	1.4%
86th	Mali	1.52%	30.5%
87th	Fiji	1.54%	11.0%
88th	Cyprus	1.54%	-4.0%
89th	Peru	1.60%	-2.5%
90th	Zambia	1.63%	20.2%
91st	Egypt, Arab Republic of	1.69%	4.9%
92nd	China	1.74%	1.4%
93rd	Uruguay	1.74%	3.2%
94th	Australia	1.77%	8.2%
95th	Tunisia	1.81%	15.8%
96th	Croatia	1.81%	12.5%
97th	Togo	1.82%	8.5%
98th	Eswatini	1.82%	-6.6%
99th	Viet Nam	1.82%	4.5%
100th	France	1.86%	0.7%
101st	Serbia	1.87%	1.2%
102nd	Türkiye	1.87%	-2.7%
103rd	Zimbabwe	1.89%	1.0%
104th	Guinea-Bissau	1.89%	-3.2%
105th	Estonia	1.90%	0.6%
106th	Bolivia, Plurinational State of	1.90%	3.0%
107th	Poland	1.91%	6.6%
108th	Lesotho	1.95%	-3.6%
109th	Chile	1.97%	-1.4%
110th	Central African Republic	2.03%	-28.4%
111th	Timor-Leste	2.05%	-9.8%
112th	Iran, Islamic Republic of	2.12%	-2.9%
113th	Chad	2.16%	-49.8%
114th	United Kingdom	2.18%	-4.7%
115th	Mauritania	2.20%	10.0%
116th	Botswana	2.21%	3.0%
117th	Seychelles	2.23%	114.9%
118th	Guinea	2.28%	-4.6%
119th	Burundi	2.30%	-7.4%
120th	Georgia	2.31%	-8.3%
121st	Greece	2.37%	-1.0%
122nd	Sri Lanka	2.41%	12.0%
123rd	Korea	2.41%	0.9%
124th	India	2.54%	-0.2%
125th	Ecuador	2.71%	-4.2%
126th	Iraq	2.95%	-11.0%
127th	Ukraine	2.97%	24.0%
128th	Singapore	3.05%	0.3%
129th	Brunei Darussalam	3.09%	35.5%
130th	Pakistan	3.10%	0.3%
131st	Colombia	3.11%	-5.0%
132nd	Kyrgyz Republic	3.38%	5.6%
133rd	Morocco	3.40%	-10.7%
134th	Cuba	3.54%	0.7%
135th	Kuwait	3.59%	9.6%
136th	United States	3.68%	-8.6%
137th	Myanmar	3.79%	-7.9%
138th	Congo, Republic of	3.94%	92.7%
139th	Armenia	3.94%	-1.3%
140th	Yemen, Republic of	3.97%	-2.8%
141st	Russian Federation	4.11%	6.7%
142nd	Jordan	4.20%	0.2%
143rd	Namibia	4.33%	34.9%
144th	Bahrain	4.42%	6.7%
145th	Azerbaijan	4.56%	0.3%
146th	Angola	4.70%	5.5%
147th	Lebanon	4.72%	14.3%
148th	Algeria	4.96%	12.2%
149th	Israel	5.63%	3.4%
150th	United Arab Emirates	5.64%	-6.5%
151st	South Sudan	8.57%	30.5%
152nd	Oman	8.86%	-9.1%
153rd	Saudi Arabia	10.54%	18.5%
154th	Libya	15.48%	102.6%

FAQ

What was Latvia's military spending in 2014?▾

Latvia's military spending in 2014 was 0.98%. This ranked 40th globally.

How did Latvia's military spending change in 2014?▾

Latvia's military spending increased by 0.5% in 2014 compared to 2013.

Which country had the highest military spending in 2014?▾

Libya had the highest military spending in 2014 at 15.48%.

What is the military spending of Latvia in 2014?▾

The military spending of Latvia in 2014 was 0.98%. This ranked 40th globally.

How does 2014 compare to 2013 for Latvia's military spending?▾

Latvia's military spending went from 0.97% in 2013 to 0.98% in 2014, a 0.5% increase.

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