Weapons Sales in South Africa increased to 149 USD Million in 2018 from 103 USD Million in 2017.

Weapons Sales in South Africa averaged 51.06 USD Million from 1959 until 2018, reaching an all time high of 235 USD Million in 2010 and a record low of 1 USD Million in 1973. South Africa Weapons Sales - values, historical data and charts - was last updated on October of 2020. source: SIPRI

Weapons Sales in South Africa is expected to reach 100.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Weapons Sales is projected to trend around 125.00 USD Million in 2021 and 95.00 USD Million in 2022, according to our econometric models.

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South Africa Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
145.00 65.00 235.00 1.00 1959 - 2019 USD Million Yearly
constant 1990 prices

South Africa Trade Last Previous Highest Lowest Unit
Balance of Trade 38869.00 37181.00 45731.00 -35946.48 ZAR Million [+]
Current Account -103587.00 63440.00 63440.00 -246452.00 ZAR Million [+]
Current Account to GDP -3.00 -3.50 6.00 -7.50 percent [+]
Imports 91348.01 85027.33 125723.07 66.10 ZAR Million [+]
Exports 130217.45 122207.83 130217.45 55.80 ZAR Million [+]
External Debt 156341.00 155624.00 185236.00 33262.00 USD Million [+]
Tourist Arrivals 68914.00 62841.00 1598893.00 29341.00 [+]
Gold Reserves 125.30 125.30 183.51 123.48 Tonnes [+]
Weapons Sales 145.00 65.00 235.00 1.00 USD Million [+]
Terms Of Trade 117.30 114.00 117.30 42.20 points [+]
Terrorism Index 4.51 4.26 4.51 0.22 [+]
Foreign Direct Investment 17363.00 29012.00 52712.00 -13910.00 ZAR Billion [+]


South Africa 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.