Research firm Global Fire Power recently ranked military strength by nation. The United States finished first, followed by Russia, China, India, the United Kingdom, France, South Korean, Germany, Japan and Turkey. A total of 126 nations were ranked as part of its Power Index. 24/7 Wall St. has done two related studies. The first is on the most military spending by nation and is titled Companies Spending the Most on War. The primary findings, based on expenditures by nation in 2014: 1. United States Military expenditure: $609.9 billion Pct. change military expenditure, 2005-2014: -0.4% Expenditure as pct. of GDP: 3.5% Military expenditure per capita: $1,891 While U.S.’ military expenditure ...
