Estonia vs Latvia: Military expenditure

Estonia

1.44 billion current USD

in 2024

Latvia

1.43 billion current USD

in 2024

Estonia rank

73rd

Latvia rank

75th

Military expenditure over time

Estonia currently reports 1.44 billion current USD against 1.43 billion current USD in Latvia, a difference of 16.23 million current USD.

The two have swapped places 5 times across 32 shared years of data; in 1993 it was Latvia ahead.

Globally, Estonia ranks 73rd and Latvia ranks 75th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)