During the research, 50 factors have been taken into consideration, including the amount allocated to defense industry, the number and scale of military technology infrastructure and financial reserves of the army.
The ranking list includes 126 countries.
The United States tops the ranking, followed by Russia, China, India, France, the United Kingdom, Japan, Turkey, Germany and Italy.
According to the Global Firepower, Azerbaijan ranks 60th, followed by Armenia (94).
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