Military expenditure as a share of gdp reached 2.05% in 2022 in Latvia, according to the SIPRI Military Expenditure Database. This is 0.759% less than in the previous year.
Historically, military expenditure as a share of GDP in Latvia reached an all time high of 2.15% in 2020 and an all time low of 0.582% in 1997.
Latvia has been ranked 43rd within the group of 148 countries we follow in terms of military expenditure as a share of GDP.
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