Latvia - Defence Expenditure by Central Governement
Since 2014, Latvia Defence Expenditure by Central Governement rose 18.1points year on year. At 8.86 Percent in 2019, the country was ranked number 6 among other countries in Defence Expenditure by Central Governement. Latvia is overtaken by Germany, which was ranked number 5 with 8.88 Percent and is followed by Australia at 8.73 Percent. Israel lead the ranking with 15.79 Percent in 2019, that is a decrease of 0.4points compared to 2018. United States, South Korea and Colombia respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +18.1points per year, while Colombia witnessed the worst performance at -4.8points per year.
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| Date | Percent |
|---|---|
| 2019 | 8.86 |
| 2018 | 9.07 |
| 2017 | 7.36 |
| 2016 | 7.49 |
| 2015 | 4.35 |
Download all data from 2007 to 2019
How does Latvia rank in Defence Expenditure by Central Governement?
| # | 32 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Israel
|
15.79 % | 2019 | -0.4 % | -2.3 % | View data | |
| 2 |
#2
United States
|
13.86 % | 2019 | -2.9 % | -1.9 % | View data | |
| 5 |
#5
Germany
|
8.88 % | 2019 | +0.1 % | +2.3 % | View data | |
| 6 |
#6
Latvia
|
8.86 % | 2019 | -2.3 % | +18.1 % | View data | |
| 7 |
#7
Australia
|
8.73 % | 2019 | +2.5 % | +10.0 % | View data | |