Politics

Latvia announces record-high defense budget of 4.91% of GDP for 2026

"Breaking: Latvia reveals a record-high defense budget of 4.91% of GDP for 2026, totaling €2.16 billion. Discover the implications for regional security and defense strategy."

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Latvia announces record-high defense budget of 4.91% of GDP for 2026
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Latvia has announced a record-high defense budget for 2026, totaling 4.91% of its GDP. The country will allocate €2.16 billion to defense, marking the largest amount in its history, according to Defense Minister Andris Sprūds.

This decision reflects Latvia"s ongoing commitment to strengthening its defense capabilities amid regional security concerns. The increase in the defense budget aligns with broader trends observed in European nations responding to geopolitical challenges.

For further context on regional security dynamics, recent developments in neighboring areas highlight the importance of defense spending in maintaining stability.

The announcement comes as Latvia continues to prioritize national security and defense readiness in light of evolving threats.