Latvia vs Sri Lanka: Military expenditure

Latvia

1.43 billion current USD

in 2024

Sri Lanka

1.33 billion current USD

in 2024

Latvia rank

75th

Sri Lanka rank

78th

Military expenditure over time

Latvia currently reports 1.43 billion current USD against 1.33 billion current USD in Sri Lanka, a difference of 92.38 million current USD.

That makes Latvia's figure about 1.1 times Sri Lanka's.

The two have swapped places 1 time across 32 shared years of data; in 1993 it was Sri Lanka ahead.

Globally, Latvia ranks 75th and Sri Lanka ranks 78th 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)