Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Countries that have no Army, Navy or Air Force

In this article, we take a look at 15 countries that have no army, navy or air force. You can skip our detailed analysis on why countries choose not to have a military by heading over directly to the 5 Countries that have no Army, Navy or Air Force, where we have listed the most populous countries that have either never had an armed forces or have demilitarized.

Global military spending has reached an all-time high, with $2.24 trillion spent in defense expenditure across the world in 2022 according to the Stockholm International Peace Research Institute (SIPRI). The surge has created a boom in the armaments manufacturing industry. Lockheed Martin Corporation (NYSE:LMT) posted revenues of $66 billion last year and earned $5.7 billion in net profit. RTX Corporation (NYSE:RTX)’s net earnings rose 8.9% from 2021 to a total of $14.1 billion in 2022. Northrop Grumman Corporation (NYSE:NOC)’s financial statements also reflected significantly higher revenue in 2022 compared to the previous year.

While defense spending has increased, the rise has not been even across regions with a clear disparity in spending patters. $961 billion of the total global expenditure in 2022 ($2.24 trillion) was spent in the Americas, most notably in North America ($904b). The Caribbean had the least spending in the region of just $11 billion. $540 billion were spent in Asia, while $480 in Europe which witnessed its steepest rise in 30 years. On the other hand, defense expenditure in Africa was estimated to be $39 billion, whereas Oceania incurred $35 billion on military spending that year.

The reason for lower military expenditure in the Caribbean and Oceania can be attributed to the several small island nations in these regions. Many of whom do not have regular militaries and have signed treaties with their larger, more powerful neighbors to defend them if they were to face external aggression.

Reasons for non-militarization

Choosing not to have an army is a rare choice that nations make, but you would be surprised to know that there are about one in every twelve countries in the world that have no army, navy or air force. While most of these did not have a military right since independence, there are some that underwent demilitarization due to political reasons.

According to a thorough analysis by The Åland Islands Peace Institute in Finland, there are many reasons why countries choose not to have an armed forces. One main factor that would bar the likelihood of nation-states having an army is the size of their national territory or manpower. For context, the research stated that no country that is smaller than 300 square kilometers or has a population of less than 80,000 inhabitants has an army. In fact, nearly half of all countries that have no army, navy or air force fall in this category.

Another reason is often the vastness of the country, where the territory is too scattered with limited manpower available, making the borders very hard to defend. Samoa, Tuvalu, and Palau are examples of this. Moreover, countries have also chosen not to have a military due to their history of non-militarization, as well as the security dynamics of the regions they are based in. Today, there are countries without an army, navy or air force in all continents of the world except Asia. Most of them are found in Europe, the Caribbean, and in the Pacific.

That being said, it is not that these countries are defenseless. Iceland for instance has not had a military since 1869, but it is a member of NATO, which makes NATO members obligated to defend Iceland if it were to face external aggression. Iceland, on its own part, has a police force of 700 personnel, which also includes a coast guard and a special service unit. The coast guard is equipped with four Lockheed Martin Corporation (NYSE:LMT) AN/FPS-117 ground-based radars. In October 2020, the NATO Support and Procurement Agency (NSPA) announced a ‘multimillion dollar‘ contract to fund the upgradation of these radars to improve their serviceability.

The AN/FPS-117 radars provide interference and clutter rejection systems, as well as a detection range of 230-290 miles. These were first developed by GE Aerospace in 1980 and are now manufactured by the Lockheed Martin Corporation (NYSE:LMT). The radars have gone through several technology upgrades since their launch, and to-date provide support to the United States Air Force (USAF) in providing coverage of the North American air space. In 2020, the USAF awarded a $25 million contract to Lockheed Martin to provide spare parts, logistics support and hardware for its AN/FPS-117 radar program. Numerous other countries use these radars as well to bolster their air surveillance system, including Taiwan which received seven AN/FPS-117 from the US in 2002 to guard against the threat from China, and Jordan which more recently purchased and enhanced its radar program under a $41 million contract between the USAF and Lockheed Martin Corporation (NYSE:LMT).

Iceland also benefits from the United States maintaining a naval air station in Keflavík, which currently houses B-2 Spirit bombers and 200 U.S. troops. The B-2 Spirit is an American strategic bomber developed by Northrop Grumman Corporation (NYSE:NOC), that is capable of dropping both conventional and thermonuclear weapons, and is completely invisible to the radars because of its design. It is one of the world’s most expensive military jets, costing at over $2 billion per aircraft. The USAF first flew Northrop Grumman Corporation (NYSE:NOC)’s B-2 Spirit in 1989 and still has about 21 of these in active service. Moreover, since Iceland does not have an air force, NATO conducts the Icelandic Air Policing operation to patrol and secure Iceland’s airspace, with NATO member nations deploying their fighter jets on a rotational basis. Earlier this year, Norway sent its F-35 fighter jets developed by Lockheed Martin Corporation (NYSE:LMT) to patrol the airspace. Currently, American and German F-16 fighter jets are in service in the country.

On the other hand, Andorra has two treaties with France and Spain, which include a clause that if Andorra’s sovereignty was to come under grave threat, both France and Spain would consider it their duty to discuss the situation with the Andorran government and take necessary measures. Therefore, the European nation which has a population of only 79,000 has never had to worry about raising an armed forces of its own. A third example is that of Costa Rica which is a signatory of the Inter-American Treaty of Reciprocal Assistance. Under the treaty, if it were to be attacked by another country, it would obligate the United States along with other regional countries to consider intervening in Costa Rica’s defense. The treaty has been invoked thrice by Costa Rica – each time against its neighbor, Nicaragua. All these conflicts were resolved through dialogue. 

Costa Rica abolished its military in 1949 and has a national police as the country’s primary law enforcement agency. It receives support from the United States for protection against threats such as organized crime and narco-trafficking as well. In February this year, as reported by Reuters, the U.S. donated security equipment worth $14 million to Costa Rica, which included drones and telecommunications equipment to aid the national police in border control. In 2018, the United States gave Costa Rica four Bell UH-1 Iroquois to be used for patrolling. These are built by Bell Helicopters, a subsidiary of Textron Inc. (NYSE:TXT). These are one of the most successful military purpose helicopter ever produced, and were the first turbine-powered helicopters that were used by the U.S. military. More than 16,000 units of UH-1 Iroquois were developed by Textron Inc. (NYSE:TXT)’s Bell Helicopters between 1956 and 1987. While these are now phased out by most advanced militaries after the emergence of more sophisticated helicopters, UH-1 Iroquois still remain in active service in a lot of countries and help meet their security needs like in the case of Costa Rica.

Methodology

We have ranked the 15 countries that have no army, navy or air force in ascending order of their populations. Countries that have a larger population are ranked higher in the list. Facts and figures have been obtained from various sources, including research publications and media reports.

If interested, you can also take a look at the 25 Strongest Armies in the World in 2023.

Let’s now head over to the list of countries that have no army, navy or air force.

Top 15 Countries that have no Army, Navy or Air Force:

15. Nauru

Population: 12,500

Nauru is another one of the small Oceanic countries that have no Army, Navy or Air Force. Its police force is responsible for both internal and external security. Australia is also responsible for the defense of Nauru under an informal agreement between the two countries.

14. Palau

Population: 18,000

The United States is responsible for the security of Palau under the Compact of Free Association (COFA). In exchange, Palau grants American troops access to the island. The COFA also allows Palau’s citizens to serve in the United States Armed Forces. The government in Palau, however, has also created bureaus to look after policing, public security, and maritime law enforcement.

13. Monaco

Population: 36,700

Monaco is a sovereign-city state on the Mediterranean Sea in Western Europe. It only has a population of 36,000 people, and is bordered by France to its north, east, and west. Monaco has no regular military. The national police maintains public order, while Compagnie des Carabiniers du Prince guards the prince’s palace. Under the 1918 Franco-Monégasque Treaty Signed, the defense of Monaco is France’s responsibility. In return, Monaco’s foreign policy will be in line with that of the French Republic.

12. Liechtenstein

Population: 39,000

Liechtenstein’s law and order is ensured by the country’s national police. It has no standing army, navy or air force. Liechtenstein used to have a very small army that was abolished in 1868 soon after the Austro-Prussian war. Today, it follows a policy of neutrality and is among the few countries that have no armed forces.

11. Dominica

Population: 72,400

The island nation of Dominica in the Caribbean has a population of a little over 72,000 people. The country has had no military since 1981, when the Dominican Defense Force was abolished following two violent coup attempts against the Dominican government. The Regional Security System (RSS), a treaty between Caribbean nations to assist one another upon request, is responsible for the national security of Dominica.

10. Andorra

Population: 79,000

Andorra is another one of those countries that have no Army, Navy or Air Force, and relies on international treaties with its stronger allies in the neighborhood that ensure its sovereignty and defense. It has two treaties with Spain and France, under which the two countries would come to Andorra’s assistance if its sovereignty came under grave threat. Public order in Andorra is maintained by its Police Corps, which currently has a manpower of 240 personnel.

9. Saint Vincent and the Grenadines

Population: 104,000

Saint Vincent and the Grenadines is a signatory to the Caribbean Regional Security System (RSS), whose members agree to assist one another upon request in national emergencies and national security, among other challenges. The country has no standing military. The Royal Saint Vincent and the Grenadines Police Force (RSVPF) is responsible for internal security, and includes the Coast Guards, Anti Trafficking Unit, and Rapid Response Force.

8. Grenada

Population: 124,600

Next on our list of countries that have no armed forces is Grenada, which, like Saint Vincent and the Grenadines, is also a member of the Caribbean RSS, a treaty that promises its security. The Royal Grenada Police Force is the only security force in Grenada, and works under the Ministry of National Security. 

7. Saint Lucia

Population: 179,600

Saint Lucia in the Caribbean has no standing military. The Royal Saint Lucia Police Force (RSLPF) is the main law enforcement agency in the island nation, and looks after public order in the country. Saint Lucia maintains a coast guard and a paramilitary special service unit under the RSLPF.

6. Samoa

Population: 218,800

Samoa is another Oceanic country on the list that has no army, navy or air force. It has an informal defense agreement with New Zealand under the 1962 Treaty of Friendship, which would require New Zealand to consider requests from Samoa to defend the latter’s sovereignty. The Samoan Police Force is the main law enforcement agency in the country and has a manpower of about 1,100 personnel.

Click to continue reading and see the 5 Countries that have no Army, Navy or Air Force.

Suggested Articles:

Disclosure: None. 15 Countries that have no Army, Navy or Air Force is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…