top 10 countries with the highest natural resources in the world

  1. Canada < phosphate, gas, oil, timber, uranium > $33.3 trillion

 33.3 trillion is the total cost of the country reserve of natural resources. The total oil sand deposits have led Canada to stand forth in the list. 178.1 billion Of barrel accounting for 17.9% of the total global reserve of oils. Canada also has huge reserve of phosphate and second largest reserve of uranium and has third largest production rate of timber.

In 2007 Canada’s three biggest oil companies brought in record profit of $11.75 billion, up 10 percent from $10.72 billion in 2006. Revenues from the big three climbed to $80 billion from about $72 billion in 2006. The numbers exclude shell Canada and ConocoPhillips Canada, two private subsidiaries that produced almost 500000 barrels per day in 2006.

As for 2017, Canada’s petroleum revenue generation as increased greatly to 400 billion dollars in oil trade deals with Iraq, china, us and France. http://www.nytimes.com

  1. Saudi Arabia < gas, timber, and oil > $34.4 trillion

Saudi Arabia stands third on this list and in the world and has natural resource worth up to $34.4 trillion. Also 20% of the oil in the world come from the land of Arab. Saudi Arabia is termed as the country with the 5th largest amount of natural gas reserve. Oil and gas generates power for the country from its reserve. Saudi Arabia economy was primarily oil-based and is considers as the largest exporter of petroleum in the world.