Weapons Sales in South Korea decreased to 688 USD Million in 2019 from 1066 USD Million in 2018. source: SIPRI

Weapons Sales in South Korea averaged 186.03 USD Million from 1972 until 2019, reaching an all time high of 1066 USD Million in 2018 and a record low of 7 USD Million in 1994. South Korea Weapons Sales - values, historical data and charts - was last updated on November of 2020.

Weapons Sales in South Korea is expected to reach 550.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Weapons Sales is projected to trend around 800.00 USD Million in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
688.00 1066.00 1066.00 7.00 1972 - 2019 USD Million Yearly
constant 1990 prices

South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 5981.00 8695.96 13419.36 -4043.46 USD Million [+]
Current Account 10210.00 6570.00 12409.70 -3845.00 USD Million [+]
Current Account to GDP 3.70 4.70 10.70 -10.50 percent [+]
Imports 38997.00 39344.78 48480.62 38.61 USD Million [+]
Exports 44978.00 48040.75 55115.24 14.75 USD Million [+]
External Debt 510961.10 503055.00 510961.10 80766.40 USD Million [+]
Terms of Trade 95.60 96.70 228.10 82.90 points [+]
Capital Flows 8903.00 4842.90 12350.90 -6323.30 USD Million [+]
Foreign Direct Investment 5188027.00 4385466.00 10820073.00 0.00 USD Thousand [+]
Tourism Revenues 472300.00 505600.00 2227900.00 326500.00 USD Million [+]
Tourist Arrivals 65040.00 68797.00 1703495.00 29415.00 [+]
Gold Reserves 104.45 104.40 104.45 13.00 Tonnes [+]
Terrorism Index 0.30 0.29 2.62 0.00 [+]
Weapons Sales 688.00 1066.00 1066.00 7.00 USD Million [+]


South Korea 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.