With a value of $16 trillion, Iraq ranks ninth globally on the list of the richest countries in natural resources.
With a value of $16 trillion, Iraq ranks ninth globally on the list of the richest countries in natural resources.
2026-01-06
The global statistics website “Statista” revealed a list of the world’s richest countries in terms of the value of natural resources, with Iraq ranking among the top ten globally.
Iraq came in ninth place globally, with natural resources valued at approximately 16 trillion US dollars, reflecting the enormous wealth it possesses in oil, gas and minerals, and its ability to form a major economic lever.
List of the ten richest countries in the world:
The following is a ranking of the top ten countries based on the total value of their natural resources:
Russia: US$75 trillion
America: 45 trillion US dollars
Saudi Arabia: US$34 trillion
Canada: US$33 trillion
Iran: 27 trillion US dollars
China: US$23 trillion
Brazil: US$22 trillion
Australia: US$20 trillion
Iraq: 16 trillion US dollars
Venezuela: US$14 trillion
Natural resources form a vital basis for the economy of many countries, as mineral, oil and gas wealth is a major pillar for boosting national revenues, supporting local industries and providing financial cover for major development projects.
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