Baltic States

Defence budgets are surging in the Baltic States

NATO has put thousands of soldiers on alert amid rising tensions between the Baltic States and Russia. Latvia, Lithuania and Estonia have all radically boosted their defence budgets in recent years as Russia flexes its military muscle. Back in 2005, the three nations spent $929.5m on their militaries and that is set to surge to $2 billion by 2019. Out of the three countries, Lithuania is the biggest spender, set to splurge 600 million on defence this year according to IHS.

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This chart shows the total defence budget in Lithuania, Latvia and Estonia.

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Military expenditure in Latvia from 2011 to 2025 (in billion U.S. dollars)
Defense expenditures of NATO member states as a share of gross domestic product in 2026
Military expenditure in Lithuania from 2011 to 2025 (in billion U.S. dollars)
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Digital advertising spending in the Baltics in 2025, by country (in million euros)
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Display advertising spending in the Baltics in 2025, by country (in million euros)
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Budget dedicated to military expenditures in European NATO member countries in 2024 (as a share of gross domestic product)

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