Weapons Sales in Australia increased to 396 USD Million in 2020 from 103 USD Million in 2019. source: SIPRI
Weapons Sales in Australia averaged 59.31 USD Million from 1952 until 2020, reaching an all time high of 396 USD Million in 2020 and a record low of 2 USD Million in 1961. Australia Weapons Sales - values, historical data and charts - was last updated on October of 2021.
Weapons Sales in Australia is expected to reach 89.68 SIPRI TIV Million by the end of 2021, 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 SIPRI TIV Million in 2022 and 101.84 SIPRI TIV Million in 2023, according to our econometric models.