Military expenditure in local currency reached EUR 0.807 bil in 2022 in Latvia, according to the SIPRI Military Expenditure Database. This is 15.9% more than in the previous year.
Historically, military expenditure in local currency in Latvia reached an all time high of EUR 0.807 bil in 2022 and an all time low of EUR 0.010 bil in 1992.
Latvia has been ranked 131st within the group of 150 countries we follow in terms of military expenditure in local currency.
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