Weapons Sales in Sweden increased to 286 USD Million in 2020 from 172 USD Million in 2019. source: SIPRI

Weapons Sales in Sweden averaged 218.10 USD Million from 1950 until 2020, reaching an all time high of 895 USD Million in 2001 and a record low of 13 USD Million in 1963. Sweden Weapons Sales - values, historical data and charts - was last updated on June of 2021.

Weapons Sales in Sweden is expected to reach 195.76 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Weapons Sales is projected to trend around 193.81 USD Million in 2022 and 207.87 USD Million in 2023, according to our econometric models.

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Sweden Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
286.00 172.00 895.00 13.00 1950 - 2020 SIPRI TIV Million Yearly

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1800.00 2900.00 21900.00 -10500.00 SEK million [+]
Current Account 78.30 69.80 87.40 -15.90 SEK Billion [+]
Current Account to GDP 5.20 5.10 8.10 -3.30 percent of GDP [+]
Imports 129000.00 139800.00 144900.00 1020.00 SEK million [+]
Exports 130800.00 143900.00 143900.00 970.00 SEK million [+]
External Debt 84241.00 84178.00 426313.00 0.00 SEK Million [+]
Terms of Trade 102.90 101.89 125.65 93.45 points [+]
Foreign Direct Investment 80.70 2.80 349.00 -69.80 SEK Billion [+]
Capital Flows 92.80 44.40 163.60 -153.70 SEK Billion [+]
Remittances 16.00 15.60 30.20 3.50 SEK Billion [+]
Gold Reserves 125.72 125.72 185.42 125.72 Tonnes [+]
Terrorism Index 2.89 3.45 3.98 0.01 [+]
Weapons Sales 286.00 172.00 895.00 13.00 SIPRI TIV Million [+]


Sweden 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.