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Countries Spending Most on Their Militaries

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Using over 55 factors to determine a country’s PowerIndex score, the Global Firepower 2019 list ranks the most powerful military nations in the world. Of the 136 advanced and lesser developed nations included, the parameters include their geographical location, natural resource reliance, manpower and current economic health. It must be noted that nuclear capability and current political/military leadership is not taken into account. Also, land-locked nations are not penalized for not having a standing navy. Here's a look at the 50 most powerful military nations, according to the list, as of June 25, 2019.

Among the findings:
-The United States has the best-equipped military on the planet.

-Both Russia & China have been modernizing their armed forces, and while their equipment still lags behind top-end American technology, experts say the gap is closing.

-The French military is larger and arguably more capable than its traditional British rival.

-Italy is stronger than Germany in every area, from aircraft and land forces to seapower.

The most powerful militaries in the world,  updated June 25, 2019:

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34. Mexico
Population: 129,959,205
Available manpower: 60,460,418
Reaching military age annually: 2,154,809
Active personnel: 277,000
Reserve personnel: 81,500
Aircraft strength: 493
Combat tanks: 0
Naval assets: 143

35. Netherlands
Population: 17,151,228
Available manpower: 7,820,960
Reaching military age annually: 196,384
Active personnel: 35,500
Reserve personnel: 5,000
Aircraft strength: 161
Combat tanks: 18
Naval assets: 56

36. Norway
Population: 5,372,191
Available manpower: 2,170,365
Reaching military age annually: 70,481
Active personnel: 24,000
Reserve personnel: 40,000
Aircraft strength: 138
Combat tanks: 36
Naval assets: 62

37. Myanmar
Population: 55,622,506
Available manpower: 30,258,643
Reaching military age annually: 1,025,375
Active personnel: 406,000
Reserve personnel: 0
Aircraft strength: 276
Combat tanks: 434
Naval assets: 155

38. Argentina
Population: 44,694,198
Available manpower: 20,179,430
Reaching military age annually: 670,663
Active personnel: 75,000
Reserve personnel: 0
Aircraft strength: 269
Combat tanks: 374
Naval assets: 42

39. Belarus
Population: 9,527,543
Available manpower: 4,982,905
Reaching military age annually: 99,828
Active personnel: 45,500
Reserve personnel: 300,000
Aircraft strength: 197
Combat tanks: 515
Naval assets: 0