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Latvia - Military Spending 2018

Name: Latvia Military Spending 2018
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

2.13% +0.48% from 2017 Global rank: 119th

Latvia's military spending was 2.13% in 2018, increased +0.48% from 1.65% in 2017. This was the 119th highest globally.

Global Ranking - 2018▾

Military Spending by Country - 2018
Rank	Country	Value	YoY
1st	Haiti	0.06%	40.2%
2nd	Mauritius	0.16%	-5.4%
3rd	Ireland	0.28%	-5.4%
4th	Ghana	0.33%	4.2%
5th	Papua New Guinea	0.33%	-7.0%
6th	Moldova	0.33%	2.4%
7th	Guatemala	0.37%	-3.0%
8th	Liberia	0.41%	0.9%
9th	Malta	0.41%	-9.3%
10th	Mexico	0.46%	9.4%
11th	Sierra Leone	0.47%	-31.2%
12th	Cabo Verde	0.49%	3.3%
13th	Luxembourg	0.50%	1.1%
14th	Nigeria	0.51%	17.7%
15th	Madagascar	0.53%	5.1%
16th	Malawi	0.59%	11.2%
17th	Congo, Democratic Republic of	0.61%	-17.4%
18th	Nicaragua	0.63%	0.1%
19th	Benin	0.63%	-31.3%
20th	Switzerland	0.65%	-1.9%
21st	Mongolia	0.67%	-12.2%
22nd	Gambia, The	0.69%	-31.9%
23rd	Dominican Republic	0.69%	4.2%
24th	Trinidad and Tobago	0.69%	-17.8%
25th	Indonesia	0.72%	-16.9%
26th	Argentina	0.73%	-13.6%
27th	Austria	0.75%	-1.6%
28th	Kosovo	0.80%	0.2%
29th	Kazakhstan	0.84%	0.4%
30th	Bosnia and Herzegovina	0.84%	-1.5%
31st	Belgium	0.89%	0.6%
32nd	South Africa	0.89%	-5.2%
33rd	North Macedonia	0.94%	5.4%
34th	Malaysia	0.96%	-12.7%
35th	Paraguay	0.96%	7.7%
36th	Japan	0.96%	5.4%
37th	Somalia, Fed. Rep.	0.97%	29.8%
38th	Slovenia	0.99%	-0.4%
39th	Hungary	1.00%	-15.9%
40th	Afghanistan	1.01%	6.5%
41st	Belize	1.01%	0.1%
42nd	Côte d'Ivoire	1.04%	7.6%
43rd	Sweden	1.04%	0.7%
44th	Tajikistan	1.05%	1.1%
45th	Czechia	1.08%	13.9%
46th	Cameroon	1.08%	-5.5%
47th	Tanzania	1.10%	4.3%
48th	New Zealand	1.11%	5.1%
49th	El Salvador	1.13%	8.4%
50th	Equatorial Guinea	1.14%	1.2%
51st	Germany	1.15%	1.5%
52nd	Uganda	1.15%	10.9%
53rd	Bangladesh	1.15%	2.3%
54th	Albania	1.16%	4.6%
55th	Zimbabwe	1.18%	-19.9%
56th	Philippines	1.18%	1.4%
57th	Peru	1.19%	-6.0%
58th	Netherlands	1.20%	5.2%
59th	Seychelles	1.21%	-9.2%
60th	Kenya	1.21%	-2.4%
61st	Slovak Republic	1.22%	10.5%
62nd	Rwanda	1.24%	-1.1%
63rd	Spain	1.25%	1.9%
64th	Egypt, Arab Republic of	1.25%	-12.1%
65th	Denmark	1.28%	12.6%
66th	Guyana	1.29%	3.0%
67th	Mozambique	1.31%	32.9%
68th	Canada	1.32%	-2.5%
69th	Timor-Leste	1.32%	-17.5%
70th	Thailand	1.33%	-0.7%
71st	Jamaica	1.33%	36.9%
72nd	European Union	1.34%	1.8%
73rd	Central African Republic	1.34%	-0.2%
74th	Portugal	1.34%	8.2%
75th	Nepal	1.35%	-9.1%
76th	Italy	1.35%	0.2%
77th	Montenegro	1.37%	0.5%
78th	Finland	1.37%	0.8%
79th	Guinea-Bissau	1.38%	5.4%
80th	Zambia	1.44%	10.5%
81st	Bulgaria	1.45%	18.7%
82nd	Fiji	1.46%	3.6%
83rd	Togo	1.47%	5.0%
84th	Brazil	1.47%	3.9%
85th	Honduras	1.49%	-6.3%
86th	Bolivia, Plurinational State of	1.50%	-2.6%
87th	Belarus	1.54%	12.1%
88th	Croatia	1.54%	-5.6%
89th	Gabon	1.55%	-14.2%
90th	Cambodia	1.64%	4.8%
91st	Chad	1.65%	-0.4%
92nd	Senegal	1.67%	13.3%
93rd	Guinea	1.67%	-5.4%
94th	China	1.67%	-2.2%
95th	Norway	1.72%	0.6%
96th	Sri Lanka	1.73%	-12.3%
97th	Cyprus	1.75%	11.6%
98th	Sudan	1.78%	-45.9%
99th	Romania	1.79%	3.3%
100th	Niger	1.79%	-0.9%
101st	Viet Nam	1.81%	0.1%
102nd	France	1.85%	-0.3%
103rd	Georgia	1.86%	-4.0%
104th	Chile	1.88%	-3.2%
105th	Australia	1.90%	-5.5%
106th	Burkina Faso	1.93%	41.2%
107th	United Kingdom	1.94%	-0.3%
108th	Lithuania	1.95%	13.8%
109th	Angola	1.96%	-22.0%
110th	Estonia	1.97%	0.0%
111th	Tunisia	1.98%	-2.7%
112th	Congo, Republic of	1.98%	-37.7%
113th	Lesotho	2.00%	-12.0%
114th	Serbia	2.02%	15.0%
115th	Poland	2.02%	7.2%
116th	Uruguay	2.08%	8.7%
117th	Eswatini	2.10%	8.9%
118th	Mauritania	2.13%	0.5%
119th	Latvia	2.13%	29.2%
120th	Burundi	2.15%	7.3%
121st	Iran, Islamic Republic of	2.36%	-17.2%
122nd	Myanmar	2.36%	-35.2%
123rd	Korea	2.36%	2.8%
124th	Ecuador	2.37%	0.6%
125th	India	2.42%	-4.2%
126th	Türkiye	2.52%	23.0%
127th	Brunei Darussalam	2.64%	-8.0%
128th	Greece	2.70%	5.6%
129th	Iraq	2.75%	-29.6%
130th	Singapore	2.81%	-5.5%
131st	Mali	2.82%	-6.8%
132nd	Uzbekistan	2.87%	566.8%
133rd	Cuba	2.88%	0.1%
134th	Morocco	2.90%	-1.5%
135th	Botswana	2.92%	-10.0%
136th	Kyrgyz Republic	3.03%	-2.5%
137th	Colombia	3.03%	-5.5%
138th	United States	3.30%	0.2%
139th	Namibia	3.33%	-5.4%
140th	Azerbaijan	3.55%	-5.5%
141st	Pakistan	3.59%	6.6%
142nd	Ukraine	3.64%	12.1%
143rd	Russian Federation	3.72%	-12.5%
144th	Bahrain	4.04%	-6.5%
145th	Armenia	4.12%	7.0%
146th	Jordan	4.56%	-2.7%
147th	South Sudan	4.77%	19.6%
148th	Algeria	4.93%	-7.1%
149th	Lebanon	5.06%	9.8%
150th	Kuwait	5.19%	-7.4%
151st	Israel	5.29%	-2.6%
152nd	Oman	8.27%	-1.7%
153rd	Saudi Arabia	8.81%	-10.5%

FAQ

What was Latvia's military spending in 2018?▾

Latvia's military spending in 2018 was 2.13%. This ranked 119th globally.

How did Latvia's military spending change in 2018?▾

Latvia's military spending increased by 29.2% in 2018 compared to 2017.

Which country had the highest military spending in 2018?▾

Saudi Arabia had the highest military spending in 2018 at 8.81%.

What is the military spending of Latvia in 2018?▾

The military spending of Latvia in 2018 was 2.13%. This ranked 119th globally.

How does 2018 compare to 2017 for Latvia's military spending?▾

Latvia's military spending went from 1.65% in 2017 to 2.13% in 2018, a 29.2% increase.

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