Weapons Sales in South Korea increased to 827 USD Million in 2020 from 693 USD Million in 2019. source: SIPRI

Weapons Sales in South Korea averaged 203.74 USD Million from 1972 until 2020, reaching an all time high of 1056 USD Million in 2018 and a record low of 7 USD Million in 1994. South Korea Weapons Sales - values, historical data and charts - was last updated on November of 2022.

Weapons Sales in South Korea is expected to reach 800.00 SIPRI TIV Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Weapons Sales is projected to trend around 800.00 SIPRI TIV Million in 2023, according to our econometric models.

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South Korea Weapons Sales

Related Last Previous Unit Reference
Weapons Sales 566.00 778.00 SIPRI TIV Million Dec 2021

South Korea 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.
Actual Previous Highest Lowest Dates Unit Frequency
566.00 778.00 1056.00 7.00 1972 - 2021 SIPRI TIV Million Yearly