Weapons Sales in Australia decreased to 38 USD Million in 2018 from 98 USD Million in 2017.

Weapons Sales in Australia averaged 50.54 USD Million from 1952 until 2018, reaching an all time high of 158 USD Million in 1990 and a record low of 2 USD Million in 1961. Australia Weapons Sales - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Weapons Sales in Australia is expected to reach 89.68 USD Million by the end of 2020, 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 USD Million in 2021 and 101.84 USD Million in 2022, according to our econometric models.

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Australia Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
38.00 98.00 158.00 2.00 1952 - 2018 USD Million Yearly
constant 1990 prices

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 8800.00 10446.00 10446.00 -4191.00 AUD Million [+]
Current Account 8395.00 1722.00 8395.00 -22279.00 AUD Million [+]
Current Account to GDP 0.20 -1.40 2.30 -7.30 percent [+]
Imports 28705.00 31816.00 36133.00 393.00 AUD Million [+]
Exports 37505.00 42261.00 43178.00 435.00 AUD Million [+]
External Debt 2172006.00 2189706.00 2189706.00 147312.00 AUD Million [+]
Terms of Trade 98.80 95.20 106.40 47.50 points [+]
Capital Flows -11599.00 -1167.00 24576.00 -11599.00 AUD Million [+]
Foreign Direct Investment 52011.00 80891.00 80891.00 -37051.00 AUD Million [+]
Tourist Arrivals 331900.00 685400.00 1077700.00 30100.00 [+]
Gold Reserves 79.90 68.74 79.90 68.70 Tonnes [+]
Crude Oil Production 322.00 349.00 781.00 238.00 BBL/D/1K [+]
Terrorism Index 2.65 2.83 3.11 0.01 [+]
Weapons Sales 38.00 98.00 158.00 2.00 USD 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.