South America has continued to see growing military forces and the shifting of power to a select few. The GFP list makes use of over 50 factors in our in-house formula to determine a given nation's Power Index ('PwrIndx') score. read more
More important, the Chilean armed forces are very balanced, they train with the best armed forces in the world and have a robust budget that is guaranteed by their Copper Law. This legislation stipulates that 10% of state copper mining revenue goes to fund the country's armed forces. read more
South American Powers Ranked by Military Strength South America has continued to see growing military forces and the shifting of power to a select few. read more
These forces are far smaller than regular armies and certainly do not possess the same firepower as the most advanced armies in South America, although they engage in combat far more frequently. Either way, their assignments are in no way similar to those of regular armed forces, making a comparison between them practically impossible. read more