THE 10 COUNTRIES IN THE WORLD RICHEST IN NATURAL RESOURCES - ENVIRONMENT - 2025

Among the world's richest countries in natural resources are Russia, the United States, Saudi Arabia, Canada, Iran, China, Brazil, Australia, Iraq and Venezuela. Denominating natural resources to the raw material that can be extracted from the earth and that is used to manufacture consumer goods (247wallst, 2012).

Natural resources are supplies themselves, which can include materials extracted directly from the earth and those that have not yet been extracted. All these materials are valued in dollars, reaching trillion-dollar figures in the richest countries.

The wealth of certain resources can vary from country to country. Being richer in hydrocarbons those countries located near the Persian Gulf (Iran and Iraq), in wood those located in the American continent and in uranium and precious metals territories such as Australia.

The following countries are classified as the richest in natural resources in the world since the total estimated value of their wealth is higher than in other countries in the world. Most of these countries are rich in precious metals, hydrocarbons and wood, which also makes them the main suppliers of these resources worldwide (Nisha, 2015).

Top 10 nations richest in natural resources

1- Russia

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Russia is the first country on the list of the world's richest countries in natural resources, with a net worth of $ 75 trillion.

Russia is a country that has a great variety of natural resources, but its main assets are the sources of coal, oil, natural gas, gold and wood. In this way, Russia is the second country in the world in charge of supplying rare metals.

2- United States

The total value of this country's natural resources is estimated to equal $ 45 trillion. 31.2% of the world's coal reserves are in the United States.

The sum of the sources of coal and wood in this country represent 89% of its natural resources. Similarly, the United States is one of the five richest countries in the world in reserves of gold, copper and natural gas. This country is fortunate to have 750 million acres of land covered with forests, which is why it is a large producer of timber. (Anthony, 2016)

3- Saudi Arabia

Saudi Arabia has a territory as large as Alaska, where 20% of the world's oil reserves are located. Similarly, it ranks fifth as one of the largest holders of natural gas reserves and large quantities of wood. The estimated value of its natural resources is $ 34.4 trillion.

This country is the most important among the Middle Eastern states and is at the heart of Muslim culture. Thanks to its wealth in hydrocarbons, operations and industry in this country depend mostly on them. (St., 2012)

4- Canada

Similar in size to the United States, the estimated value of natural resources in Canada is $ 33.2 trillion. This country has 17.8% of the world's oil supply, ranking second after Saudi Arabia.

On the other hand, Canada has the second largest uranium reserve and is the third largest timber producer in the world. Canada is rich in reserves of natural gas and phosphate.

5- Iran

The size of Iran is similar to that of the state of Alaska. Within its territory it has an estimated value of $ 27 trillion in natural resources. It has large reserves of oil and natural gas, being the owner of 10% of the oil and 16% of the natural gas in the world.

Iran is located in the same territory as Qatar, which allows it to share with this territory a vast wealth of hydrocarbons from the Persian Gulf. It is estimated that today there is the equivalent of 136.2 billion barrels inside the oil reserves of this country.

6- China

This country has natural resources valued at approximately $ 23 trillion. Its greatest wealth comes from coal and rare metals, which represent 90% of its natural resources. However, wood is also part of the greatest resources found in China.

This country is currently considered an emerging super power. The coal deposits found in its territory are equivalent to 13% of the coal found in the world. Recently, natural gas reserves were also discovered.

7- Brazil

Its total natural resources are estimated to have a net worth of $ 21.8 trillion. Within these resources are large deposits of gold and uranium. On the other hand, Brazil is the second largest iron producer in the world.

Despite the fact that Brazil has extensive deposits of metals, its most valuable resource is wood. About 12.3% of the world's wood supply comes from Brazil and has a net value of $ 17.45 trillion. (Amir, 2014)

8- Australia

The Australian territory is 20% smaller than that of the United States. Within this territory, natural resources valued at $ 19.9 trillion can be found. These resources are abundant mainly in coal, wood, copper and iron reserves.

However, Australia is the world's largest producer of gold and uranium, positioning itself as the world's largest supplier of precious metals, dominating 14.3% of the global market. As for other resources, Australia provides 46% of the world's uranium.

9- Iraq

The value of its natural resources is estimated to be $ 15.9 trillion. This country has 9% of the world's oil deposits, these being its greatest natural resource. An estimated 115 trillion barrels of oil are available in these deposits.

On the other hand, Iraq is believed to have high potential as a supplier of phosphate rocks to the world, worth $ 1.1 trillion in total.

10- Venezuela

Venezuela is the size of the state of Texas. The value of its natural resources is estimated to be $ 14.3 trillion, being rich in iron, natural gas and oil.

It is the eighth supplier of natural gas in the world and the sixth supplier of oil, representing 7.4% of the global market. (Admin, 2017)

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