Weapons Sales in Australia increased to 148 USD Million in 2019 from 38 USD Million in 2018. source: SIPRI

Weapons Sales in Australia averaged 52.40 USD Million from 1952 until 2019, reaching an all time high of 158 USD Million in 1990 and a record low of 2 USD Million in 1961. Australia Weapons Sales - values, historical data and charts - was last updated on October of 2020.

Weapons Sales in Australia is expected to reach 90.09 USD Million by the end of 2020, 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 2021 and 101.84 USD Million in 2022, according to our econometric models.

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Australia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
148.00 38.00 158.00 2.00 1952 - 2019 USD Million Yearly
constant 1990 prices

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 2643.00 4652.00 10527.00 -4180.00 AUD Million [+]
Current Account 17738.00 9023.00 17738.00 -22279.00 AUD Million [+]
Current Account to GDP 0.20 -1.40 2.30 -7.30 percent [+]
Imports 29996.00 29417.00 36123.00 393.00 AUD Million [+]
Exports 32638.00 34069.00 43272.00 435.00 AUD Million [+]
External Debt 2176567.00 2350882.00 2350882.00 147312.00 AUD Million [+]
Terms of Trade 98.30 98.80 106.40 47.50 points [+]
Foreign Direct Investment 52011.00 80891.00 80891.00 -37051.00 AUD Million [+]
Capital Flows -18636.00 -10849.00 24576.00 -18636.00 AUD Million [+]
Tourist Arrivals 3030.00 3530.00 1077720.00 2250.00 [+]
Gold Reserves 60.70 79.90 79.90 60.70 Tonnes [+]
Crude Oil Production 353.00 328.00 781.00 238.00 BBL/D/1K [+]
Terrorism Index 2.65 2.83 3.11 0.01 [+]
Weapons Sales 148.00 38.00 158.00 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.