Weapons Sales in Turkey decreased to 141 USD Million in 2020 from 240 USD Million in 2019. source: SIPRI

Weapons Sales in Turkey averaged 91.81 USD Million from 1980 until 2020, reaching an all time high of 264 USD Million in 2018 and a record low of 3 USD Million in 1995. Turkey Weapons Sales - values, historical data and charts - was last updated on May of 2021.

Weapons Sales in Turkey is expected to reach 310.84 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Weapons Sales is projected to trend around 320.23 USD Million in 2022 and 298.28 USD Million in 2023, according to our econometric models.

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Turkey Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
141.00 240.00 264.00 3.00 1980 - 2020 USD Million Yearly
constant 1990 prices

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4652.81 -3331.55 24.51 -10453.06 USD Million [+]
Current Account -3329.00 -2585.00 3779.00 -9407.00 USD Million [+]
Current Account to GDP -5.10 0.90 1.90 -8.90 percent [+]
Imports 23636.76 19308.15 23636.76 15.00 USD Million [+]
Exports 18983.95 15976.60 18983.95 7.10 USD Million [+]
External Debt 450048.00 435121.00 467545.00 43911.00 USD Million [+]
Terms of Trade 90.96 95.10 147.63 90.96 points [+]
Capital Flows -1772.00 -788.00 7529.00 -9554.00 USD Million [+]
Foreign Direct Investment 228.00 1028.00 6571.00 46.00 USD Million [+]
Remittances 12.00 11.00 574.00 8.00 USD Million [+]
Tourism Revenues 2452.00 3914.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 905323.00 537976.00 6617380.00 24238.00 Persons [+]
Gold Reserves 544.15 561.03 583.00 116.00 Tonnes [+]
Crude Oil Production 64.00 65.00 72.00 38.00 BBL/D/1K [+]
Weapons Sales 141.00 240.00 264.00 3.00 USD Million [+]
Terrorism Index 6.11 6.53 7.52 4.62 [+]


Turkey 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.