India and China have been ka-powed, so things will look quite different.
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Formula = (Army * Morale) + (Research + Treasury)
Benchmarks:
1 Tech = 10;
2 = 30;
3 = 60;
4 = 100;
5 = 150;
6 = 210;
7 = 280;
8 = 360;
9 = 450;
10 = 550;
11 = 660
12 - 780
13 - 910
14 - 1050
15 - 1200
Tier One:
Iberia - 418.2 + 3057 = 3475.2 - Overlord of Sunni Islam, Confucianism and Buddhism(via Lombardia)
Iberia is 25.3% stronger than its closest competitor; even secular states have a casus belli on Iberia now, but it will be lost as soon as Iberia drops below 25%. Iberia also has a strong network of alliances, however, in the form of Lombardia, Hedjaz, Iraq, Najd, East Indies, France, and Cameroon. It enjoys the moral support of Canada, Axum, Persia, Takrur and Dahomey, and furthermore has Russia as an actual ally. Beyond that, a vast(and well-trained! Only Austria's army is better trained, by a margin of 0.1!) military and a large fleet stand ready to tear apart the economies of those who fight them. It also has trade agreements with several large rivals, tying their economies together. In total, the Iberian Empire in some way or another has influence over and friendship with 14 of the world's 51 states.
Austronesia - 52.8 + 2720 = 2772.8
Germany - 318.5 + 2320 = 2638.5 - Overlord of Protestantism
Amazon - 117.8 + 2282 = 2399.8
Austria - 317.2 + 1794 = 2111.2
Tier one powers cannot ally with, guarantee, or sign defensive pacts with eachother. As such, Germany and Iberia are not capable of inheriting Austria anymore as that would make them allies. The Austro-German Alliance also dissolves, spelling the de jure end of the Central Powers. Austria, however, plans to continue cooperation with Germany to preserve international peace.
Tier Two:
Singapore - 85.8 + 1988 = 2073.8
Zululand - 130.5 + 1826 = 1956.5
Japan - 111.6 + 1622 = 1733.6
Deseret - 38.7 + 1622 = 1660.7 - Overlord of Shi'a Islam
Tier Three:
Nubia - 216 + 1371 = 1587
Russia - 110.7 + 1440 = 1550.7 - Overlord of Orthodoxy and Judaism
Canada - 70 + 1376 = 1446
Tier Four:
Carthage - 60 + 1303 = 1363 - Overlord of Hinduism
Caribbean - 72 + 1190 = 1262 - Overlord of Shinto (via Antilles)
Mali - 50 + 1205 = 1255