8) Paraguay (PwrIndx: 2.7651)

Paraguay has relatively small armed forces. The population of Paraguay is 6,623,252. The nation covers a land area of 406,752 square kilometers. Defense budget of Paraguay is $145 million.

7) Ecuador (PwrIndx: 2.3045)

Ecuador receives military aid from superpowers like the US and China. It has 37,000 active frontline personnel, 202 tanks, 133 aircraft, 2 submarines and 4 frigates. Ecuador’s defense budget is $2.40 billion.