Budget: $40.2 billion

Active frontline personnel: 179,046

Tanks: 408

Total aircraft: 663

Submarines: 4

The German military ended up low on the list because of its lack of power-projection platforms. Germany does not have an aircraft carrier and has relatively few submarines, which, according to the Credit Suisse methodology, drops its ranking.

But Germany does have a fair number of attack helicopters. Recently, the country has started considering offering military support to Eastern European NATO members.