Weapons Sales in India decreased to 46 USD Million in 2018 from 56 USD Million in 2017. source: SIPRI

Weapons Sales in India averaged 13.85 USD Million from 1959 until 2018, reaching an all time high of 56 USD Million in 2017 and a record low of 0 USD Million in 1987. India Weapons Sales - values, historical data and charts - was last updated on March of 2021.

Weapons Sales in India is expected to reach 44.06 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Weapons Sales is projected to trend around 40.56 USD Million in 2021 and 35.62 USD Million in 2022, according to our econometric models.

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India Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
46.00 56.00 56.00 0.00 1959 - 2018 USD Million Yearly
constant 1990 prices

India Trade Last Previous Highest Lowest Unit
Balance of Trade -12880.00 -14540.00 790.00 -20210.90 USD Million [+]
Current Account 15530.87 19797.95 19797.95 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 40550.00 41990.00 45730.00 117.40 USD Million [+]
Exports 27670.00 27450.00 32720.00 59.01 USD Million [+]
External Debt 556243.00 554746.00 563941.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 6526.00 5746.00 17800.00 -1336.00 USD Million [+]
Capital Flows -87.28 -780.34 766.97 -822.33 USD Million [+]
Remittances 13951.00 12426.61 16373.32 5999.10 USD Million [+]
Tourist Arrivals 328462.00 1015632.00 1225672.00 129286.00 [+]
Gold Reserves 676.61 668.25 676.61 357.75 Tonnes [+]
Crude Oil Production 618.00 618.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.35 7.52 8.09 7.22 [+]
Tourism Revenues 58330.00 182810.00 226170.00 31530.00 INR Million [+]
Weapons Sales 46.00 56.00 56.00 0.00 USD Million [+]
Auto Exports 24991.00 36154.00 63693.00 4034.00 units [+]


India 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.