ArmInfo.For the third year in a row, Armenia is ranked the third on the Global Militarization Index.
According to the survey of the Bonn International Center for Conversion (BICC), Israel tops the list and Singapore ranks next.
"With Armenia, Russia, Cyprus, Greece and Azerbaijan, five European countries are amongst the top 10 worldwide of the BICC Global Militarization Index (GMI) 2016," the survey says.
The Global Militarization Index presents on an annual basis the relative weight and importance of a country's military apparatus in relation to its society as a whole. It compares, for example, military expenditures with a country's gross domestic product (GDP) and its health expenditure (as share of its GDP). The GMI 2016 covers 152 states and is based on the latest available figures. The index project is financially supported by Germany's Federal Ministry for Economic Cooperation and Development (BMZ).