Natural resources are the God given things for the benefit of human being. These are obtained from the environment from that most sources are used for the survival of human being while on the other hand remaining are used for other 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 different countries in the world. Here in this article, we have listed the top 10 countries with most natural resources in the world 2023 as per Statista estimate. There are a number of countries having the largest reserves that are considered the most rare and expensive. Some are the cheapest, but both types have their own value. Read through the article and find, the list of countries having the highest number of natural resources in the world.
List of Top 10 Countries with Most Natural Resources in the World 2023
- Russia
- US
- Saudi Arabia
- Canada
- Iran
- China
- Brazil
- Australia
- Iraq
- Venezuela
Below are the details provided for the above listed countries having most natural resources in the world 2023
| 1. Russia |
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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 major sources of its earning. |
| 2. United States of America |
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United States is most famous for its 31.2% of world’s overall proven coal reserves having the value of $30 trillion and it has the largest quantity of coal supply on the earth. It is not only the source of America also 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. |
| 3. Saudi Arabia |
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| 4.Canada |
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Canada is also earning the huge amount of income from its oil reserves. According to a recent report, it has about 178.1 billion barrels having the price of $21 trillion. 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. |
| 5.Iran |
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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. |
| 6.China |
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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 that are equal to the 13% of world entire coal production. Its annual income from all resources is more than 23 trillion dollars. |
| 7.Brazil |
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Gold and Uranium are the major sources that make Brazil stand in our ranking list. Brazil has 17% of world’s iron production and it is the 2nd largest iron producing nation in the world. It 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. |
| 8.Australia |
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Australia is getting most wealth through its Coal, copper, iron and timber reserves. It has largest Gold reserves that 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. |
| 9.Iraq |
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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. |
| 10. Venezuela |
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Venezuela is the world’s 10th famous country for largest oil and gas reserves as compared to the other countries in the world. Total resources containing oil, gas, timber and other sources have the value more than 14.3 trillion dollars. |
which country has most natural resources in the world? |
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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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