9. Iraq: $15.9 trillion
Iraq has most abundant and valuable natural resources of oil having worth of $13.6 trillion which accounts for nearly 9% of the world’s total. Large amount of such oil reserves are still not used because of ownership issues with neighboring country. Furthermore, Iran is holding phosphate rock which is listed amongst the largest reserves of the world. It holds total resource of value $15.9 trillion.
10. Venezuela: $14.3 trillion
Venezuela is the tenth largest holder of natural resources which is also listed amongst top ten countries having largest reserves of iron, natural gas and oil. The country has eighth and sixth largest reserves of natural gas and oil which account for over 2.7% and 7.4 % of global supply. Country’s overall resources equal to $14.3 trillion.
Q: which country has most natural resources in the world?
Russia is the country which has the most natural resources of worth $75.7 trillion. It is the world largest holder of natural gas and timber. So far as coal, gold and rare earth minerals are concerned, Russia owns second, third and again second largest reserves of them respectively.
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