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 130.00 210.00 persons Aug 2026
Credit Rating 72.00 Oct 2026
Fiscal Expenditure 1597710.00 1864757.00 EUR Thousand Aug 2026
Government Budget -2.50 -1.80 percent of GDP Dec 2025
Government Budget Value 76495.00 -221003.00 EUR Thousand Aug 2026
Government Debt 20435.80 20173.90 EUR Million Mar 2026
Government Debt to GDP 46.90 46.20 percent of GDP Dec 2025
Government Revenues 1674207.00 1643753.00 EUR Thousand Aug 2026
Government Spending 1701394.00 1543727.00 EUR Thousand Jun 2026
Government Spending to GDP 46.10 45.30 percent of GDP Dec 2025
Holidays
Military Expenditure 1731.60 1440.60 USD Million Dec 2025


Latvia Military Expenditure
Actual Previous Highest Lowest Dates Unit Frequency
1731.60 1440.60 1731.60 17.70 1993 - 2025 USD Million Yearly
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