Natural resources are the God given things for the benefit of human being, these are obtained from the environment from which most sources are used for the survival of human being while on the other hand remaining are used for out satisfactions and desires. World’s fastest growing economy has major proportion of natural resources and it cannot be denied that natural resources are backbone for the economy of countries around the world. In this article I will try my level best to give precise and comprehensive information regarding to the top 10 countries with most natural resources in the world.
There are a number of countries having the largest reserves which are considered the most rare and expensive and some are the cheapest, but both types have their own value. Following is a list of top 10 Countries which are considered the richest countries by means of natural resources in the world.
Top 10 Countries Having Most Natural Reserves in the world
By means of Natural resources Russia is the richest country in the world. Its total sources make it the richest country having the value of $75 trillion. Gas and Timber reserves are the sources of its main earning.
2. United States of America
United States is most famous for its 31.2% of world’s overall proved coal reserves having the value of $30 trillion and it has the largest quantity of coal supply on the earth. It is not only source of America further more it has 750 million forested acres which give earning of million dollars. Its overall resource worth is estimated $45 Trillion.United states has one of the strongest economy in the world. Click here to see American Economy
3. Saudi Arabia
Saudi Arabia has the largest oil reserves in its boundaries which are its major sources of earning it contains almost 20% oil from the world’s entire oil production. So it has the greatest share in the world’s oil production.Its total sources have the worth of $34.4 trillion.
Canada is also earning the huge amount of income from its oil reserves. In accordance to a recent report it has about 178.1 billion barrels having the price of $21trillion. Its entire earning from all the natural sources is more than $33.2 trillion which make it a strongest economy as compared to the other countries of the world.
Iran is one of the top ten richest countries by means of its God given natural sources from which the countries are earning most and as a result these are considered the strong countries of the world. Iran has largest oil, gas, Timber and other reserves from which it is earning $27.3 trillion income.
Presently China is the 6th richest country by means of natural reserves. Coal and other earth mineral reserves are considered its major sources of income. It has many coal reserves which are equal to the 13% of world entire coal production. Its annual income from all resources is more than 23 trillion dollars.
Gold and Uranium are the major sources which bring Brazil in this list. However Brazil has 17% of world’s iron production and it is the 2nd largest iron producing nation in the world. Brazil has 12.3% of world’s entire timber supply which contributes to a largest amount for Brazil’s economy. Its overall resources value $21.8 trillion.
Australia is getting most wealth through its Coal, copper, iron and timber reserves. It has largest Gold reserves which are sufficient to 14.3% of global supply. Furthermore it has 46% share in the global uranium supply. Its annual Income from all its natural sources is calculated over $ 19.9 trillion.
Iraq is also a much popular nation due to its oil reserves in the world. Its annual oil production is more than 115 billion barrels. This is almost 9% of to world’s entire oil output. Furthermore it has largest phosphate rock reserves having the worth more than $1.1 trillion. Its annual total revenue is $15.9 trillion.
Venezuela is the world’s 10th famous country for largest oil and gas reserves as compared to the other countries of the world. Total resources containing oil, gas, timber and other sources have the value more than 14.3 trillion dollars.
Q : which country has most natural resources in the world?
At present Russia is the country having the most natural resources as compared to the other countries of the world. It is earning more than $75 Trillion from its natural reserves.
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