Top countries for Weapons and Ammunition Production Value (2024)

This key economic indicator for the Ammunition sector has been recently updated.

  1. Norway Weapons and Ammunition Production Value decreased by 0.7% in 2019, compared to the previous year.
  2. Since 2014 Spain Weapons and Ammunition Production Value grew 9.6% year on year close to €777.5 Million.
  3. In 2019 Germany was ranked number 1 in Weapons and Ammunition Production Value.
  4. In 2016 France was ranked number 3 in Weapons and Ammunition Production Value attaining €2,479.7 Million, jumping from 22 in 2015.
# 24 Countries Million Euros Last YoY 5‑years CAGR
1 #1

Germany

3,543.30 2019 -4.5% +8.3% View data
2 #2

United Kingdom

3,253.20 2019 -0.9% -1.1% View data
3 #3

France

2,479.70 2016 NA NA View data
4 #4

Italy

1,465.60 2019 -5.0% -3.5% View data
5 #5

Belgium

1,457.80 2018 NA NA View data
6 #6

Norway

844.50 2019 -0.7% -0.1% View data
7 #7

Spain

777.50 2019 -1.0% +9.6% View data
8 #8

Bulgaria

732.90 2019 +15.3% +24.4% View data
9 #9

Switzerland

523.80 2019 +1.1% -7.8% View data
10 #10

Sweden

506.40 2019 +5.3% +1.8% View data
11 #11

Czech Republic

488.70 2019 +2.5% +10.8% View data
12 #12

Austria

449.20 2019 +11.2% +6.7% View data
13 #13

Poland

377.40 2019 +0.2% +10.2% View data
14 #14

Serbia

281.00 2018 +5.1% NA View data
15 #15

Finland

121.50 2018 +3.1% NA View data
16 #16

Bosnia and Herzegovina

99.80 2019 +8.1% +18.8% View data
17 #17

Slovakia

61.60 2018 +43.3% NA View data
18 #18

Greece

56.50 2019 -23.3% -10.7% View data
19 #19

Portugal

44.90 2019 +3.9% -4.1% View data
20 #20

Hungary

26.30 2019 +7.8% +4.3% View data
21 #21

Cyprus

4.10 2019 +2.5% -7.6% View data
22 #22

Iceland

3.00 2018 +11.1% +81.7% View data
23 #23

Slovenia

0.80 2018 -76.5% -15.0% View data
24 #24

Ireland

0.30 2017 NA +0.0% View data

Source: European Commission

Top countries for Weapons and Ammunition Production Value (2024)

FAQs

Which country is the best in producing weapon? ›

According to the Stockholm International Peace Research Institute, the United States remains the world's largest arms exporter responsible for 41.7 percent of international arms sales between 2019 and 2023, up from 38.6 percent between 2017 and 2021.

Which country is leading in ammunition? ›

In 2022, the top exporters of Explosive Ammunition were United States ($2.71B), South Korea ($694M), Poland ($611M), Bulgaria ($533M), and Spain ($352M).

Which countries sell the most weapons in the world? ›

World's largest arms exporters since 1950
1950–2023 RankSupplierArms Exp (in billion TIV)
1United States741,384
2Soviet Union (1950–1991)451,317
3Russia (1992–present)155,994
4United Kingdom145,889
6 more rows

Which country is the richest in weapons? ›

Military > Weapon holdings: Countries Compared
#COUNTRYAMOUNT
1United States38.54 million
2China34.28 million
3North Korea17.63 million
4Israel15.98 million
119 more rows

Which country is more advanced in weapons? ›

The answer is hands down the United States. The US's overall military armaments give it a crowning position over the entire world. It's military technology is easily the most sophisticated, the most recently updated, and the most sophisticated.

Which country is most powerful according to weapons? ›

The United States has long been considered the world's most powerful military force, and now countries like India and China have also rapidly expanded their military capabilities in recent years, driven by their growing economic and strategic ambitions: Here are the top 10 powerful countries by military strength in ...

Who makes ammunition for the US Army? ›

American Ordnance LLC (AO) is a premier manufacturer of ammunition to the United States Military.

Where does US get ammunition from? ›

Lake City Army Ammunition Plant (LCAAP) is a 3,935-acre (15.92 km2) U.S. government-owned, contractor-operated facility in northeastern Independence, Missouri. It produces ammunition for military and personal rifles.

Which country has the best weapon technology in the world? ›

The United States military is overall the most technologically advanced military in the world.

Which country manufactures the most guns? ›

Well, as you may have predicted, America the Beautiful takes the top place among firearm producing countries. The country of Colt, Smith & Wesson and Remington didn't deserve any other place than the very top.

Who is the biggest weapons manufacturer in the world? ›

In 2022, Lockheed Martin was the world's largest arms-producing and military services company, with arms sales amounting to nearly 60 billion U.S. dollars. Arms sales constituted almost 90 percent of total company sales in that year.

Which country is best in making weapons? ›

Most of the worlds top 10 weapons producing companies are based in the US. The US is also involved in many multinational projects. The F-35 i8s a very important multinational project. The US also produces weapons designed by other countries.

Who has the strongest armed forces in the world? ›

List of the Top 10 Countries With Most Powerful Military 2024
RankRank & NationTotal Military Personnel (est)
1United States2,127,500
2Russia3,570,000
3China3,170,000
4India5,137,550
6 more rows
Jan 17, 2024

Which country has the best defence system in the world? ›

List of Top 10 Strongest Militaries of the World 2024
RankNationPower Index
1United States0.0699
2Russia0.0702
3China0.0706
4India0.1023
6 more rows

Who makes the best weapons in the world? ›

Lockheed Martin Corp.

Which country sells the best weapons? ›

List of Top 10 Largest Arms Exporters in the World
Biggest Weapon Exporting-Countries in the World
RankCountry
1United States
2Russia
3France
7 more rows
Mar 5, 2024

Which country has the best weapon technology? ›

The most cutting-edge military technology in the world is found in the United States of America (U.S.A.). France, China, Russia, and the United Kingdom are the other nations in the world with the most advanced military technology.

Where are the best weapons made? ›

American weapons makers continue to dominate the global arms industry, with four U.S.-based companies in the world's top five military contractors, according to a new Defense News ranking of the top 100 defense firms.

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