Switzerland
This country might have sworn to neutrality during the Second World War, but it has steadily armed itself anyway. Many of its operations are peace-keeping missions and not direct conflicts. Switzerland has approximately 160,000 active personnel at all given times, the 47th highest in the world. In more recent years, the Swiss Air Force has downsized their number of aircraft from ~456 to ~270. Due to limited budget (annual of $4.53 billion) the Swiss Air Force does not have constant operational readiness.
Norway
Norway surely has an underwhelming number of military personnel compared to others on this list – 22,905 in total. This minute number includes reservists! Ironically though, Norway has compulsory military service of 19 months. Only 57 fighter jets are tasked with protecting the skies of Norway; without the aid of attack helicopters. On the ground, armored vehicles, 136 combat tanks and other ground personnel are responsible for Norway’s safety from enemies. At sea, six submarines, mine-warfare vessels, patrol boats and frigates keep the waters around Norway peaceful.