Quick Answer: Which Countries Are Resource Rich?

Which is the second richest country in natural resources?

Total natural resources rents (% of GDP) – Country RankingRankCountryValue1Congo42.672Mongolia40.523Libya38.474Iraq37.98119 more rows•Dec 28, 2019.

What is the richest country in world?

QatarAs of 2019, the estimated average GDP per capita (PPP) of all of the countries of the world is Int$18,381. For rankings regarding wealth, see list of countries by wealth per adult….Central Intelligence Agency (1993–2017)RankCountry/TerritoryInt$1Qatar138,910—Macau113,3522Luxembourg112,0453Singapore105,689149 more rows

Which country is richer than America?

Top 10 Countries by GDP (2019)RankCountry% of Global GDP#1U.S.24.4%#2China16.3%#3Japan5.8%#4Germany4.4%7 more rows•May 24, 2019

How rich India is in natural resources?

India’s major mineral resources include Coal (4th largest reserves in the world), Iron ore, Manganese ore (7th largest reserve in the world as in 2013), Mica, Bauxite (5th largest reserve in the world as in 2013), Chromite, Natural gas, Diamonds, Limestone and Thorium.

Which country is rich in resources?

Venezuela has over $14.3 trillion worth of unused natural resources, and a majority of their minerals are state-controlled. Venezuela has the biggest largest oil reserves which are bigger than the reserves in the United States, Mexico and Canada combined.

Why countries with natural resources are poor?

The relationship between resource riches and corruption is very well documented. The greater the value of the resources, the greater the incentive for corruption, so fossil fuel resources, particularly crude oil, are of course often associated with poor governance.

Who is richer China or America?

Global wealth reached $361 trillion in 2019. There are currently 47 million millionaires in the world, representing 1% of adults who collectively own 44% of all wealth. By total household wealth, China is behind only the U.S., buoyed by a strong property market, say the report’s authors.

What is the most free country on earth?

Freest Countries 2020CountryFreedom RankHuman Freedom IndexNew Zealand18.89Switzerland28.79Hong Kong38.78Australia48.5887 more rows

Which country has no natural resources?

SwitzerlandSwitzerland seems to be in a very different condition when compared with other countries on this list, this is due to the fact that the country is landlocked; however, Switzerland has proved that being landlocked is never a barrier to the growth and development of a comité I-economically- while raking in over $350 …

What are 20 natural resources?

Natural Resources by CountryBauxite.Coal.Copper.Diamonds.Gold Lead.Iron ore.Mineral sands.Natural gas.More items…

Is China resource rich?

China. The value of China’s resources is heavily based on coal and rare earth minerals. The two resources, combined, provide more than 90% of the country’s total resource value. China also has significant coal deposits, which account for more than 13% of the world’s total.

What is the best country to live in?

Sweden. … Norway. #4 in Quality of Life Rankings. … Australia. #5 in Quality of Life Rankings. … Netherlands. #6 in Quality of Life Rankings. … Switzerland. #7 in Quality of Life Rankings. … New Zealand. #8 in Quality of Life Rankings. … Finland. #9 in Quality of Life Rankings. … Germany. #10 in Quality of Life Rankings.More items…

What is the baddest country in the world?

2017 Top 163 Overall Rank (Version 1.2)2017 RankCountryInternational Peace and Security1Netherlands272Switzerland443Denmark644Finland5237 more rows

Which country has the purest gold?

List of countries by gold production2018 RankCountryGold production (tonnes)1China4042Australia3193Russia2974United States22213 more rows

What country has the most oil?

Venezuela. • Proven oil reserves: 303.2 billion barrels (17.9% of world total)Saudi Arabia. • Proven oil reserves: 266.2 billion barrels (15.7% of world total) … Canada. • Proven oil reserves: 168.9 billion barrels (10% of world total) … Iran. … Iraq. … Russian Federation. … Kuwait. … United Arab Emirates. … More items…•

What is the freest country on earth?

Hong KongThe index found Hong Kong to be the freest country, followed closely by Switzerland. Other notable rankings include Russia, which ranked 115th, and China, which ranked 141st.

Which country has no mineral resources?

SwitzerlandSwitzerland is the country with no mineral deposits.

Which country has the most natural resources in Africa?

Democratic Republic of CongoDemocratic Republic of Congo – rich in copper, cobalt, diamond, oil, coltan, gold, and tin. DRC has one of the richest deposits of mineral resources. Since 1960, DRC has been known for its mineralization as one of the most industrialized countries in Africa.

What country has most gold?

Top 10 Countries with Largest Gold ReservesUnited States. Tonnes: 8,133.5. Percent of foreign reserves: 79.0 percent.Germany. Tonnes: 3,363.6. Percent of foreign reserves: 75.6 percent. … Italy. Tonnes: 2,451.8. Percent of foreign reserves: 71.3 percent. … France. Tonnes: 2,436.0. … Russia. Tonnes: 2,299.9. … China. Tonnes: 1,948.3. … Switzerland. Tonnes: 1,040.0. … Japan. Tonnes: 765.2. … More items…•

How many billionaires does China have?

373List of countries by number of billionairesRankCountry/TerritoryNumber of billionaires1United States5852China3733Germany1234India11911 more rows