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 spending countries in the world.
| Rank | Country | Defense budget |
| 1. | Iceland | $0 |
| 2. | Liberia | $12 million |
| 3. | Belize | $20 million |
| 4. | Bhutan | $25 million |
| 5. | Suriname | $32.84 million |
| 6. | Laos | $40 million |
| 7. | Central African Republic | $41.45 million |
| 8. | Benin | $75 million |
| 9. | Moldova | $80 million |
| 10. | Tajikistan | $96.21 million |
| 11. | Eriteria | $100 million |
| 12. | Mongolia | $100 million |
| 13. | Madagascar | $110 million |
| 14. | Montenegro | $115 million |
| 15. | Zimbabwe | $141.85 million |
| 16. | Kyrgyzstan | $165 million |
| 17. | Mauritania | $190 million |
| 18. | Sierra Leone | $242.44 million |
| 19. | Niger | $250 million |
| 20. | Zambia | $262.77 million |
