While The Economist calls this chart "Military Might", it's really talking about military spending, which isn't necessarily the same thing as might. Israel is lumped into the "rest of the world" in spending, but seems to get a lot for their money, as they've been a pretty mighty force for years.
By: Brant
17 April 2013
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Since Israel is getting significant value straight out of US military and state-/corporate-sponsored funding plus free toys from Germany, their own budget is hardly the yardstick for "bang for the buck".
See Iron Dome, see Arrow, submarines, APC, the list goes on.
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