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연구정보

[군사] Latvia’s Military Industry Marks its First Decade

라트비아 국외연구자료 연구보고서 - FPRI 발간일 : 2023-05-31 등록일 : 2023-08-05 원문링크

The military industry in Latvia has developed hand-in-hand with the Latvian defense sector. Following years of austerity, Russia’s aggression against Ukraine in 2014 reinvigorated the sector, with defense spending nearly tripling in the period between 2014 and 2018. Indeed, in 2018 Latvia joined the “2% club,” meeting NATO’s guideline of a minimum of 2 percent of GDP spending on defense. Defense spending increased from a mere 223 million euros or 0.94 percent of GDP in 2014 to 590 million euros or 2.02 percent of GDP in just four years. Russia’s full-scale war against Ukraine was another catalyst for Latvian defense progress. In 2023, Latvia will spend 987 million euros or 2.25 percent of its GDP, an almost quadrupling spending over a decade. Furthermore, by 2027, Latvia aims to spend at least 3 percent of its GDP on defense.

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