Weapons Sales in Serbia increased to 33 USD Million in 2020 from 26 USD Million in 2019. source: SIPRI

Weapons Sales in Serbia averaged 17.56 USD Million from 1996 until 2020, 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 July of 2021.

Weapons Sales in Serbia is expected to reach 10.28 USD Million by the end of 2021, 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 2022 and 18.71 USD Million in 2023, according to our econometric models.

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Serbia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
33.00 26.00 45.00 1.00 1996 - 2020 SIPRI TIV Million Yearly

Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -722.50 -729.30 -161.00 -1364.00 USD Million [+]
Current Account -169.20 -210.40 296.60 -1073.40 USD Million [+]
Current Account to GDP -6.90 -4.80 2.00 -20.00 percent of GDP [+]
Imports 2909.80 2742.80 2909.80 292.00 USD Million [+]
Exports 2187.30 2013.50 2251.90 116.00 USD Million [+]
External Debt 30812.80 30718.50 30959.10 8961.90 EUR Million [+]
Capital Flows 69.00 23.00 178.00 -705.00 USD Million [+]
Gold Reserves 36.04 35.47 36.04 9.80 Tonnes [+]
Foreign Direct Investment 279.30 170.80 3322.60 -476.60 EUR Million [+]
Crude Oil Production 14.00 15.00 21.00 13.00 BBL/D/1K [+]
Terrorism Index 0.06 0.12 2.96 0.00 [+]
Tourist Arrivals 31810.00 26677.00 237801.00 1052.00 [+]
Weapons Sales 33.00 26.00 45.00 1.00 SIPRI TIV 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.