Weapons Sales in Serbia increased to 27 USD Million in 2018 from 2 USD Million in 2017.

Weapons Sales in Serbia averaged 15.38 USD Million from 1996 until 2018, reaching an all time high of 45 USD Million in 2008 and a record low of 1 USD Million in 2009. Serbia Weapons Sales - values, historical data and charts - was last updated on August of 2020. source: SIPRI

Weapons Sales in Serbia is expected to reach 7.81 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
27.00 2.00 45.00 1.00 1996 - 2018 USD Million Yearly
constant 1990 prices

Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -445.10 -377.90 -161.00 -1364.00 USD Million [+]
Current Account -58.00 -111.40 178.00 -1073.40 USD Million [+]
Current Account to GDP -6.90 -4.80 2.00 -20.00 percent [+]
Imports 2012.50 1650.80 2543.90 292.00 USD Million [+]
Exports 1567.40 1272.90 1795.70 116.00 USD Million [+]
External Debt 28417.90 28381.10 28417.90 8961.90 EUR Million [+]
Capital Flows -305.00 -280.00 103.00 -736.00 USD Million [+]
Gold Reserves 30.90 21.26 31.40 9.80 Tonnes [+]
Foreign Direct Investment 205.40 244.00 3322.60 -476.60 EUR Million [+]
Crude Oil Production 15.00 15.00 21.00 13.00 BBL/D/1K [+]
Terrorism Index 0.12 0.23 2.96 0.00 [+]
Tourist Arrivals 3639.00 1052.00 237801.00 1052.00 [+]
Weapons Sales 27.00 2.00 45.00 1.00 USD Million [+]


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.