Weapons Sales in the United Kingdom decreased to 429 USD Million in 2020 from 907 USD Million in 2019. source: SIPRI

Weapons Sales in the United Kingdom averaged 2014.25 USD Million from 1950 until 2020, reaching an all time high of 5959 USD Million in 1956 and a record low of 429 USD Million in 2020. United Kingdom Weapons Sales - values, historical data and charts - was last updated on May of 2021.

Weapons Sales in the United Kingdom is expected to reach 1214.83 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Weapons Sales is projected to trend around 1244.48 USD Million in 2022 and 1212.93 USD Million in 2023, according to our econometric models.

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United Kingdom Weapons Sales

Actual Previous Highest Lowest Dates Unit Frequency
429.00 907.00 5959.00 429.00 1950 - 2020 USD Million Yearly
constant 1990 prices

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -7123.00 -3370.00 7644.00 -8737.00 GBP Million [+]
Current Account -26300.00 -14275.00 2668.00 -34541.00 GBP Million [+]
Current Account to GDP -3.50 -3.10 2.70 -5.40 percent [+]
Imports 53302.00 47203.00 64572.00 1031.00 GBP Million [+]
Exports 46179.00 43833.00 62472.00 962.00 GBP Million [+]
External Debt 7287334.00 7217761.00 7287334.00 565439.00 GBP Million [+]
Capital Flows 37969.00 24105.00 41086.00 -12725.00 GBP Million [+]
Foreign Direct Investment -2769.00 -723.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 980.00 872.00 2821.00 1.00 BBL/D/1K [+]
Auto Exports 95229.00 87319.00 136305.00 152.00 Units [+]
Goods Trade Balance -16442.00 -12592.00 775.00 -16737.00 GBP Million [+]
Terrorism Index 5.16 5.41 5.68 4.19 [+]
Tourism Revenues 780.00 1538.00 3654.00 126.00 GBP Million [+]
Tourist Arrivals 1446.00 2512.00 4418.00 540.00 Thousand [+]
Weapons Sales 429.00 907.00 5959.00 429.00 USD Million [+]


United Kingdom 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.