Latvia vs Spain: Military expenditure (% of GDP)
Side-by-side comparison from World Bank Open Data.
In , Latvia's Military expenditure (% of GDP) was 3.26, compared to Spain's 1.43. That makes Latvia's value 127.5% higher than Spain's.
Latvia
Rank #21 of 147 globally
- Latest (2024)
- 3.26
- Year-over-year
- +9.7%
- 10-year change
- +233.1%
- Peak
- 3.26 (2024)
- Trough
- 0.94 (2012)
Spain
Rank #84 of 147 globally
- Latest (2024)
- 1.43
- Year-over-year
- -2.7%
- 10-year change
- +14.9%
- Peak
- 1.47 (2023)
- Trough
- 1.13 (2016)
Other Latvia comparisons
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.