Military Expenditure in Latvia increased to 1731.60 USD Million in 2025 from 1440.60 USD Million in 2024. Military Expenditure in Latvia averaged 420.31 USD Million from 1993 until 2025, reaching an all time high of 1731.60 USD Million in 2025 and a record low of 17.70 USD Million in 1993. source: SIPRI

Related	Last	Previous	Unit	Reference
Asylum Applications	10.00	15.00	persons	Feb 2026
Credit Rating	72.00			May 2026
Fiscal Expenditure	1760092.00	1713283.00	EUR Thousand	Mar 2026
Government Budget	-2.50	-1.80	percent of GDP	Dec 2025
Government Budget Value	-418921.00	446990.00	EUR Thousand	Mar 2026
Government Debt	20173.90	18965.00	EUR Million	Dec 2025
Government Debt to GDP	46.90	46.20	percent of GDP	Dec 2025
Government Revenues	1341172.00	2160272.00	EUR Thousand	Mar 2026
Government Spending	1857520.00	1641466.00	EUR Thousand	Dec 2025
Government Spending to GDP	46.10	45.30	percent of GDP	Dec 2025
Holidays
Military Expenditure	1731.60	1440.60	USD Million	Dec 2025