Question: What Are A Country’S Resources?

What resources do countries have?

Main ContentCountryNatural resourcesAlbaniapetroleum, natural gas, coal, bauxite, chromite, copper, iron ore, nickel, salt, timber, hydropower, arable landAlgeriapetroleum, natural gas, iron ore, phosphates, uranium, lead, zincAmerican Samoapumice, pumiciteAndorrahydropower, mineral water, timber, iron ore, lead206 more rows.

Which 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…•

Which is the richest continent in world?

List by the International Monetary Fund (2019)RankContinentGDP per capita (US$)World average11,5701Oceania53,2202North America49,2403Europe29,4104 more rows

Who is richer USA or China?

Both country together share 40.75% and 34.27% of total world’s GDP in nominal and PPP terms, respectively in 2019. … Per capita income of United States is 6.38 and 3.32 times greater than of China in nominal and PPP terms, respectively. US is the 8th richest country of the world whereas China comes at 72th rank.

Which country is rich in resources?

northam.co.za The most resource-rich country in the world is… probably Saudi Arabia. But oil isn’t the only valuable resource. A Citi report lists the richest countries in terms of metals and ore.

Which country has most natural resources?

Some of the countries with the most natural resources in the world include:Canada.India. … Russia. … Brazil. … United States. … Venezuela. … Democratic Republic of the Congo. … Australia. Mining is the primary industry in Australia and the main contributor to its economy which earns them over $19.9 trillion per annum. … More items…•

Which country has the most natural gold?

AustraliaAustralia is estimated to have the largest gold mine reserves worldwide. Australia and South Africa hold a large share of the world’s gold mine reserves, accounting for 10,000 metric tons and 5,300 metric tons, respectively. Worldwide, the production of gold reached some 3,300 metric tons in 2019.

Which country has the most diamonds?

RussiaIndustrial diamonds can be used in cutting, drilling, grinding, and polishing. Russia and the Democratic Republic of Congo hold the world’s largest diamond reserves, totaling 650 million carats and 150 million carats, respectively, as of 2019. Based on production volume, Russia and Australia are.

What are the 5 resources?

List the Top 5 Natural ResourcesWater. ••• Without a doubt, water is the most abundant resource on the planet. … Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. … Coal. ••• Coal is still the most efficient type of fuel for heat generation. … Forests. ••• … Iron. •••

Is Congo the richest country in the world?

The Democratic Republic of Congo is widely considered to be the richest country in the world regarding natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of U.S. $24 trillion.

Is oil a curse?

The political and economic dysfunction known as the “oil curse” is a complex, structural phenomenon, caused largely by poor management or investment of oil revenues by the governments of oil-producing countries.

Which is the richest country in Africa?

TOP 10 RICHEST AFRICAN COUNTRIES IN 2020 RANKED BY GDP & PRIMARY EXPORTS1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) … 2 | SOUTH AFRICA (GDP: $358.839 Billion) … 3 | EGYPT (GDP: $302.256 Billion) … 4 | ALGERIA (GDP: $172.781 Billion) … 5 | MOROCCO (GDP: $119,04 Billion) … 6 | KENYA (GDP: $99,246 Billion)More items…•

What are a country’s natural resources?

Natural resources in the United States The among the main contributors to the United States’ natural resource value are coal, timber, natural gas, gold, and copper. These industries have strong historic significance for the United States.

Which country has the most gold resources?

Top 10 Gold Producing CountriesChina – 383.2 tonnes. For many years, China has been the top producing nation, accounting for 11 percent of global mine production. … Russia – 329.5 tonnes. … Australia – 325.1 tonnes. … United States – 200.2 tonnes. … Canada – 182.9 tonnes. … Peru – 143.3 tonnes. … Ghana – 142.4 tonnes. … South Africa – 118.2 tonnes.More items…•

What are 20 natural resources?

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