Weapons Sales in Australia increased to 396 USD Million in 2020 from 103 USD Million in 2019. source: SIPRI

Weapons Sales in Australia averaged 59.31 USD Million from 1952 until 2020, reaching an all time high of 396 USD Million in 2020 and a record low of 2 USD Million in 1961. Australia Weapons Sales - values, historical data and charts - was last updated on May of 2021.

Weapons Sales in Australia is expected to reach 89.68 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Weapons Sales is projected to trend around 94.26 USD Million in 2022 and 101.84 USD Million in 2023, according to our econometric models.

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Australia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
396.00 103.00 396.00 2.00 1952 - 2020 USD Million Yearly
constant 1990 prices

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 5574.00 7595.00 9627.00 -4203.00 AUD Million [+]
Current Account 14523.00 10706.00 16382.00 -22189.00 AUD Million [+]
Current Account to GDP 2.50 0.60 2.50 -7.30 percent [+]
Imports 32700.00 31360.00 36199.00 393.00 AUD Million [+]
Exports 38274.00 38955.00 44130.00 435.00 AUD Million [+]
External Debt 2165261.00 2187215.00 2350882.00 147312.00 AUD Million [+]
Terms of Trade 114.30 103.00 114.30 47.50 points [+]
Capital Flows -9999.00 -5729.00 24576.00 -21410.00 AUD Million [+]
Foreign Direct Investment 29274.00 52011.00 80891.00 -37051.00 AUD Million [+]
Tourist Arrivals 8320.00 6260.00 1077720.00 2250.00 [+]
Gold Reserves 79.85 67.74 79.85 48.83 Tonnes [+]
Crude Oil Production 338.49 344.00 781.00 238.00 BBL/D/1K [+]
Terrorism Index 2.15 2.65 3.11 0.01 [+]
Weapons Sales 396.00 103.00 396.00 2.00 USD Million [+]


Australia Weapons Sales
Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.