Weapons Sales in India increased to 151 USD Million in 2020 from 18 USD Million in 2019. source: SIPRI

Weapons Sales in India averaged 17.37 USD Million from 1959 until 2020, reaching an all time high of 151 USD Million in 2020 and a record low of 0 USD Million in 1987. India Weapons Sales - values, historical data and charts - was last updated on April of 2021.

Weapons Sales in India is expected to reach 44.80 USD Million by the end of 2021, 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 2022 and 35.62 USD Million in 2023, according to our econometric models.

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India Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
151.00 18.00 151.00 0.00 1959 - 2020 USD Million Yearly
constant 1990 prices

India Trade Last Previous Highest Lowest Unit
Balance of Trade -14110.00 -12620.00 790.00 -20210.90 USD Million [+]
Current Account -1723.59 15123.73 19022.34 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 48120.00 40540.00 48120.00 117.40 USD Million [+]
Exports 34000.00 27930.00 34000.00 59.01 USD Million [+]
External Debt 563487.00 556697.00 563964.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 3520.00 6526.00 17800.00 -1336.00 USD Million [+]
Capital Flows -166.97 -88.48 766.97 -822.33 USD Million [+]
Remittances 14015.54 13951.00 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 615.00 618.00 813.00 526.00 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 151.00 18.00 151.00 0.00 USD Million [+]
Auto Exports 23230.00 24991.00 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.