Military Expenditure in Latvia increased to 1425.70 USD Million in 2024 from 1253.80 USD Million in 2023. Military Expenditure in Latvia averaged 378.87 USD Million from 1993 until 2024, reaching an all time high of 1425.70 USD Million in 2024 and a record low of 17.70 USD Million in 1993. source: SIPRI

Related	Last	Previous	Unit	Reference
Asylum Applications	145.00	135.00	persons	Nov 2025
Credit Rating	72.00			Jan 2026
Fiscal Expenditure	2639942.00	1649978.00	EUR Thousand	Dec 2025
Government Budget	-1.80	-2.40	percent of GDP	Dec 2024
Government Budget Value	-708277.00	-221783.00	EUR Thousand	Dec 2025
Government Debt	18965.00	19776.00	EUR Million	Sep 2025
Government Debt to GDP	46.60	44.40	percent of GDP	Dec 2024
Government Revenues	1931665.00	1428196.00	EUR Thousand	Dec 2025
Government Spending	1641466.00	1682039.00	EUR Thousand	Sep 2025
Government Spending to GDP	45.60	43.40	percent of GDP	Dec 2024
Holidays
Military Expenditure	1425.70	1253.80	USD Million	Dec 2024