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 July 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.

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Australia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
396.00 103.00 396.00 2.00 1952 - 2020 SIPRI TIV Million Yearly

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 9681.00 8157.00 9885.00 -4203.00 AUD Million [+]
Current Account 18283.00 16010.00 18283.00 -22189.00 AUD Million [+]
Current Account to GDP 2.50 0.60 2.50 -7.30 percent of GDP [+]
Imports 32552.00 31633.00 36199.00 393.00 AUD Million [+]
Exports 42233.00 39790.00 44130.00 435.00 AUD Million [+]
External Debt 2126051.00 2165261.00 2350882.00 147312.00 AUD Million [+]
Terms of Trade 114.30 103.00 114.30 47.50 points [+]
Foreign Direct Investment 29274.00 56423.00 91650.00 -37051.00 AUD Million [+]
Capital Flows -15363.00 -9999.00 24576.00 -21410.00 AUD Million [+]
Tourist Arrivals 36190.00 22610.00 1077720.00 2250.00 [+]
Gold Reserves 79.85 79.85 79.85 48.83 Tonnes [+]
Crude Oil Production 374.08 308.63 781.00 238.00 BBL/D/1K [+]
Terrorism Index 2.15 2.65 3.11 0.01 [+]
Weapons Sales 396.00 103.00 396.00 2.00 SIPRI TIV Million [+]


Australia 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.