Israel ranks at number 15 in a new military index of 106 countries. Photo: Israel Air Force.

Israel ranks among the top 25 military powers in the world — but so do several of its historical and current adversaries, according to the latest military rankings published by military analytics website Global Firepower on Friday.

The website ranks a country’s military capabilities based on 50 factors, among them: diversity and amount of weaponry, geographical position, available manpower, and whether the country is an actual or a suspected nuclear power.

Israel came in at number 15 on the list of 106 nations. Its annual defense budget is $15.5 billion and it commands 160,000 active frontline personnel. But the Jewish state ranked beneath Egypt, at number 11, and Turkey, at number 8.

Iran — which has declared the elimination of Israel an explicit aim — was 20th on the list. The Tehran regime spends an annual $6.3 billion on its military budget. Its military capabilities include over 4,000 land-based vehicles, including battle tanks and rocket systems, and a growing airforce.

The US topped the list, its annual $600 billion defense budget dwarfing those of Russia, which came in second, and China, which was listed third.