Weapons Sales in Australia decreased to 38 USD Million in 2018 from 98 USD Million in 2017. Australia Weapons Sales - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Weapons Sales in Australia averaged 50.54 USD Million from 1952 until 2018, reaching an all time high of 158 USD Million in 1990 and a record low of 2 USD Million in 1961. source: SIPRI

Weapons Sales in Australia is expected to reach 89.68 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
38.00 98.00 158.00 2.00 1952 - 2018 USD Million Yearly
constant 1990 prices

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.