Weapons Sales in Belgium increased to 16 USD Million in 2018 from 12 USD Million in 2017.

Weapons Sales in Belgium averaged 42.98 USD Million from 1954 until 2018, reaching an all time high of 243 USD Million in 2009 and a record low of 1 USD Million in 1964. Belgium Weapons Sales - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Weapons Sales in Belgium is expected to reach 2.88 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Weapons Sales is projected to trend around -9.94 USD Million in 2021 and 14.22 USD Million in 2022, according to our econometric models.

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Belgium Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
16.00 12.00 243.00 1.00 1954 - 2018 USD Million Yearly
constant 1990 prices

Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 2071.30 1963.90 3030.10 -1026.60 EUR Million [+]
Current Account 1545.00 -2003.00 7343.00 -6687.00 EUR Million [+]
Current Account to GDP -1.20 -1.40 5.50 -4.00 percent [+]
Imports 23894.80 30800.30 34419.70 6975.70 EUR Million [+]
Exports 25966.10 32764.20 36453.00 7331.30 EUR Million [+]
Terms of Trade 100.19 97.89 108.20 91.59 points [+]
Capital Flows 853.00 -3481.00 8066.00 -7418.00 EUR Million [+]
Remittances 2908.00 2638.00 2908.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Weapons Sales 16.00 12.00 243.00 1.00 USD Million [+]
Terrorism Index 3.64 4.06 4.66 0.41 [+]
Tourist Arrivals 986562.00 1338523.00 1905203.00 826792.00 [+]
Foreign Direct Investment 11956.00 18989.00 43157.00 -15253.00 EUR Million [+]
External Debt 1207753.00 1174047.00 1264535.00 923263.00 EUR Million [+]


Belgium 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.