Home → Latvia → Government → Military Spending → 2020s

Latvia Military Spending 2020s

Military expenditure as % of GDP · World Bank
2.72% decade average (2020-2029)

Latvia's military spending during the 2020s ranged from 2.16% (2021) to 3.44% (2025), averaging 2.72% over 6 years of data.

← 2010s
View all years
2020s Data▾
YearValueChangeRank
2020 2.23% +0.14% 115th
2021 2.16% −0.07% 112th
2022 2.25% +0.10% 118th
2023 2.97% +0.72% 126th
2024 3.26% +0.29% 127th
2025 3.44% +0.18% 19th
Source: World Bank (MS.MIL.XPND.GD.ZS)
Related
Military Spending (all years) 1960s 1970s 1980s 1990s 2000s 2010s Highest ever Lowest ever Average Tax Revenue Government Spending Health Spending Government Debt to GDP Budget Deficit vs Hungary vs Barbados vs Uruguay vs Croatia Global Ranking