Serbia: Arms exports

* indicates monthly or quarterly data series
 Serbia

Arms exports, million constant U.S. dollars

 Latest value 3.00
 Year 2021
 Measure million U.S. dollars
 Data availability 1996 - 2021
 Average 16.74
 Min - Max 0.00 - 45.00
 Source Stockholm International Peace Research Institute
The latest value from 2021 is 3 million U.S. dollars, a decline from 34 million U.S. dollars in 2020. In comparison, the world average is 622.35 million U.S. dollars, based on data from 43 countries. Historically, the average for Serbia from 1996 to 2021 is 16.74 million U.S. dollars. The minimum value, 0 million U.S. dollars, was reached in 2009 while the maximum of 45 million U.S. dollars was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Serbia - Arms exports - Recent values chart

Historical series
Serbia - Arms exports - historical chart - 1996-2021




Definition: Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships designed for military use. Excluded are transfers of other military equipment such as small arms and light weapons, trucks, small artillery, ammunition, support equipment, technology transfers, and other services. Figures are SIPRI Trend Indicator Values (TIVs) expressed in US$ m. A '0' indicates that the value of deliveries is less than US$0.5m

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Military spending 1.43 2022 billion U.S. dollars
 Military spending, percent of GDP 2.28 2022 percent
 Military spending, percent of government spending 5.25 2022 percent
 Armed forces 32,000 2020 people
 Armed forces, percent of labor force 0.99 2020 percent
 Arms exports 3.00 2021 million U.S. dollars
 Arms imports 335.00 2022 dollars
This site uses cookies.
Learn more here


OK