Weapons Sales in Serbia decreased to 2 USD Million in 2017 from 23 USD Million in 2016. Serbia Weapons Sales - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Weapons Sales in Serbia averaged 14.60 USD Million from 1996 until 2017, reaching an all time high of 45 USD Million in 2008 and a record low of 1 USD Million in 2009. source: SIPRI

Weapons Sales in Serbia is expected to reach 10.28 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Weapons Sales is projected to trend around 20.80 USD Million in 2021 and 18.71 USD Million in 2022, according to our econometric models.

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Serbia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
2.00 23.00 45.00 1.00 1996 - 2017 USD Million Yearly
constant 1990 prices

Serbia 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.