The military is considered to be a very important and vital part of a country and its security. Each country takes different special initiatives in a bid to strengthen itself militarily, including pumping a lot of resources to their defense mechanisms. Every year, countries allocate a huge budget fighting battles and protecting their territories. These being funds allotted by governments to cover various aspects of a standing fighting force – namely procurement, maintenance/support, and pensions.
Here are the top 20 lowest military spenders in the world.
Rank | Country | Defense budget |
1. | Liberia | $14,500,000 |
2. | Laos | $18,000,000 |
3. | Bhutan | $19,125,000 |
4. | Kyrgyzstan | $20,000,000 |
5. | Central African Republic | $25,000,000 |
6. | Moldova | $25,000,000 |
7. | Sierra Leone | $30,000,000 |
8. | Mauritania | $40,000,000 |
9. | Zambia | $43,000,000 |
10. | Suriname | $60,000,000 |
11. | Somalia | $60,200,000 |
12. | Mali | $65,000,000 |
13. | Kosovo | $72,000,000 |
14. | Montenegro | $75,000,000 |
15. | South Sudan | $75,000,000 |
16. | Tajikistan | $79,000,000 |
17. | Gabon | $80,000,000 |
18. | Chad | $82,210,000 |
19. | Nicaragua | $85,000,000 |
20. | Democratic Republic of the Congo | $90,000,000 |