The country was number 17 in 2023, Luxembourg overtook $165.32 Million PPP. The United Kingdom, Russia and Germany respectively were numbers 2, 3 and 4 in this ranking.
How does Latvia rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 20 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 29,590 | 2023 | +4.75% | +5.47% | View data |
| 2 | 2 United Kingdom | 20,650 | 2023 | +4.54% | +3.34% | View data |
| 3 | 3 Russia | 17,690 | 2023 | +0.92% | +0.83% | View data |
| 4 | 4 Germany | 9,800 | 2023 | -3.15% | -25.43% | View data |
| 5 | 5 Spain | 9,080 | 2023 | +4.8% | -1.68% | View data |
| 15 | 15 Denmark | 646.84 | 2023 | -7.31% | -26.18% | View data |
| 16 | 16 Luxembourg | 476.84 | 2023 | +5.85% | +1.39% | View data |
| 17 | 17 Latvia | 165.32 | 2023 | +4.41% | +4.85% | |
| 18 | 18 Slovakia | 135.68 | 2023 | -3.01% | -26.9% | View data |
| 19 | 19 Sweden | 89.94 | 2023 | -45.24% | -10.75% | View data |
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