On 18 January, the Global Firepower Index 2021 was released measuring the military power of each country. Armenia ranked 100th, Azerbaijan 64th and Georgia 92nd in this year's edition.

Armenia’s power ranking was 2.4184 (0.0000 considered as “perfect”). The country's available manpower was estimated at 1,691,941 persons (56% of the entire population), while the total military personnel was estimated at 250,000 (8.4% of the entire population). The total strength of the air forces stood at 67, land forces 1,195 (including all tanks, armored vehicles and artillery types), and naval forces stood at 0. The defense budget of the country was estimated at $634,000,000. 

Azerbaijan’s power ranking was 1.0507. The country's available manpower was estimated at 5,000,847 (49% of the entire population), while the total military personnel was estimated at 450,000 (4.2% of the population). The total strength of Azerbaijan’s air capabilities stood at 145, land forces 3,256, and naval forces at 31. The defense budget of the country was estimated at $2,265,000,000.

Georgia’s power ranking was 2.2281. The country’s available manpower was estimated at 2,238,320 (56% of the entire population), while the total military personnel was estimated at 20,000 (0.5% of the population). The total strength of Georgia’s air capabilities stood at 66, land forces 954, and naval forces at 9. Georgia’s defense budget was estimated at $300,000,000.

The best ranked countries were USA, Russia, China, India and Japan; while the worst ranked countries were Bhutan, Liberia, Somalia, Sierra Leone and Suriname. Turkey ranked 11th and Iran 14th in this year's index. The ranking utilizes over 50 individual factors to determine a given nation's PowerIndex score with categories ranging from military might and financials to logistical capability and geography.