Weapons Sales in Turkey increased to 364 USD Million in 2018 from 245 USD Million in 2017.

Weapons Sales in Turkey averaged 96.52 USD Million from 1980 until 2018, reaching an all time high of 364 USD Million in 2018 and a record low of 3 USD Million in 1995. Turkey Weapons Sales - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Weapons Sales in Turkey is expected to reach 310.84 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Weapons Sales is projected to trend around 320.23 USD Million in 2021 and 298.28 USD Million in 2022, according to our econometric models.

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Turkey Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
364.00 245.00 364.00 3.00 1980 - 2018 USD Million Yearly
constant 1990 prices

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4563.80 -5438.65 24.51 -10453.06 USD Million [+]
Current Account -4923.00 -1154.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 13553.33 18811.91 23245.30 15.00 USD Million [+]
Exports 8989.54 13373.26 15940.39 7.10 USD Million [+]
External Debt 436921.00 432961.00 467545.00 43911.00 USD Million [+]
Terms of Trade 105.21 106.77 147.63 93.96 points [+]
Capital Flows 7673.00 -3211.00 15220.00 -15701.00 USD Million [+]
Foreign Direct Investment 418.00 1211.00 6571.00 46.00 USD Million [+]
Remittances 14.00 12.00 574.00 10.00 USD Million [+]
Tourism Revenues 788.00 1479.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 24238.00 718097.00 6617380.00 24238.00 [+]
Gold Reserves 485.20 385.45 485.20 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 58.00 58.00 72.00 38.00 BBL/D/1K [+]


Turkey 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.