A buffer state is a country geographically lying between two rival or potentially hostile great powers. Its existence can sometimes be thought to prevent conflict between them. A buffer state is sometimes a mutually agreed upon area lying between two greater powers, which is demilitarized in the sense of not hosting the military of either power (though it will usually have its own military forces). The invasion of a buffer state by one of the powers surrounding it will often result in war between the powers.

Research shows that buffer states are significantly more likely to be conquered and occupied than are nonbuffer states. This is because "states that great powers have an interest in preserving—buffer states—are in fact in a high-risk group for death. Regional or great powers surrounding buffer states face a strategic imperative to take over buffer states: if these powers fail to act against the buffer, they fear that their opponent will take it over instead. By contrast, these concerns do not apply to nonbuffer states, where powers face no competition for influence or control."

Buffer states, when authentically independent, typically pursue a neutralist foreign policy, which distinguishes them from satellite states. The concept of buffer states is part of a theory of the balance of power that entered European strategic and diplomatic thinking in the 18th century.