Which Country Is Richest In Natural Resources?

Is Rice a natural resource?

Yes, rice is a renewable resource as a source of food..

What is the most scarce resource in the world?

Here are six already under severe pressure from current rates of consumption:Water. Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. … Oil. The fear of reaching peak oil continues to haunt the oil industry. … Natural gas. … Phosphorus. … Coal. … Rare earth elements.

What are 20 natural resources?

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

What is natural resources and its importance?

Natural resources are those components of environment which are inherently created by environment for supporting life. These resources are very essential for sustaining life on earth. iii. These resources are available in the form of air, water, mineral, soil, forest, plant, energy etc.

What country has most gold?

Top 10 Countries with Largest Gold ReservesItaly. Tonnes: 2,451.8.France. Tonnes: 2,436.0. … Russia. Tonnes: 2,299.9. … China. Tonnes: 1,948.3. … Switzerland. Tonnes: 1,040.0. … Japan. Tonnes: 765.2. Percent of foreign reserves: 3.2 percent. … India. Tonnes: 657.7. Percent of foreign reserves: 7.5 percent. … Netherlands. Tonnes: 612.5. Percent of foreign reserves: 71.4 percent. … More items…•

Who has most gold in world?

The U.S.The U.S. owns the most gold of any country, according to an analysis of data from the International Monetary Fund, published on HowMuch.net. The U.S.’s reserve of gold equals 8,133 tonnes, worth more than $373 billion. Germany comes in second, with 3,369 tonnes, worth more than $154 billion.

Who is powerful China or USA?

The United States is named as the top economic power in 21 of the 34 countries surveyed, while China is considered the top economy in 12 (the U.S. and China are tied as top economic power in Lebanon).

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.

Which country is richest in minerals?

South Africa“’ richest in the world Johannesburg, South Africa — MININGREVIEW.COM — 29 April 2010 – South Africa is the world’s richest country in terms of its mineral reserves – worth US$2.5 thousand billion, according to research by the American banking group Citigroup, reports Bloomberg.

What is the poorest continent on earth?

AfricaHowever, despite being so richly endowed, and despite the mining boom of the past decade, Africa has drawn little benefit from this mineral wealth and remains one the poorest continents on the globe, with almost fifty per cent of the population living on less than $1.25 per day.

Which country has the most diamonds?

Top five diamond mining countries in the worldRussia. Home to arguably the richest and largest diamond resources in the world, Russia tops the list with more than 12 open-pit mines. … Botswana. Africa’s top diamond producer, Botswana sits second in this global list. … Democratic Republic of Congo. … Australia. … Canada.

How many billionaires does China have?

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

Which countries are rich in natural resources?

Some of the countries with the most natural resources in the world include:China. China is one of the leading producers of phosphates, vanadium, tungsten, antimony, graphite, coal, tin, molybdenum, lead, zinc, and gold.Saudi Arabia. … Canada. … India. … Russia. … Brazil. … United States. … Venezuela. … More items…•

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 richest mine in the world?

Kirkland Lake’s Macassa gold mine in Canada is the richest gold mine in the world (based on most recent estimation of gold grade in reserves)

What are the 10 largest countries in the world?

The top ten largest countries, in square kilometers.Russia. 17,098,242.Canada. 9,984,670.United States. 9,826,675.China. 9,596,961.Brazil. 8,514,877.Australia. 7,741,220.India. 3,287,263.Argentina. 2,780,400.More items…

What country is the richest?

The European country of Luxembourg has been classified and defined as the richest country in the world. The findings are based on the gross domestic product values of the countries.

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 …