Italy

Italy is also one of the most powerful militaries in the world. Italy is a nation in south-central Europe whose Mediterranean Sea-bound boundaries are formed like a boot. The assessment from Credit Suisse gave the Italian military a good rating since it has two operational aircraft carriers. Along with the nation's sizable fleets of attack helicopters and submarines, these carriers significantly improved Italy's standing.

Italy, another maritime force in the Mediterranean, has 16 warships and two aircraft carriers. It has a $34 billion military budget, 320,000 active duty personnel, and 241 war-capable aircraft in the air.

Since World War II, when Italy had a fascist state that had cooperated with the Third Reich, the country has not been involved in any significant hostilities.

Budget: $34 billion

Active frontline personnel: 320,000

Tanks: 586

Total aircraft: 760

Submarines: 6