Quick Answer: Which Country Has Most Resources?

Is Asia rich or poor?

The economy of Asia comprises more than 4.5 billion people (60% of the world population) living in 49 different nations.

Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world..

What is the best country in Asia?

JapanCountryAsian RankWorld RankJapan15Singapore216China320South Korea4226 more rows•Mar 15, 2018

What is the richest country in Asia?

Qatar1. Qatar – $134,623. Based on GDP per capita, Qatar is the richest country in both Asia and the world.

Which is the richest continent on earth?

EuropeEurope is considered to be the wealthiest and richest continent, however, there are poor regions especially in the eastern parts of the continent too! Read more about the European continent here.

What is the richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

What are 20 natural resources?

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

What country is the poorest in Asia?

Poorest Asian Countries 2020North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651. … Nepal. Nepal is the second-poorest country in Asia. … Tajikistan. With a GDP per capita just above Nepal’s at $729, Tajikistan is the third-poorest country in Asia. … Yemen. … Kyrgyzstan. … Cambodia. … Myanmar. … Syria.More items…

What continent has the most natural resources in the world?

AfricaTheir absence speaks volumes. Africa is blessed with a rich bounty of natural resources. The continent holds around 30% of the world’s known mineral reserves.

What is the poorest country?

Niger. A combination of a GNI per capita of $906, life expectancy of 60.4 years, and a mean 2 years of schooling (against an expected 5.4) lead to Niger once again topping the UN’s human development report as the world’s poorest country.Central African Republic. … Chad. … South Sudan. … Burundi. … Mali. … Eritrea. … Burkina Faso. … More items…•

Which is richest country in Africa?

NIGERIA1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) GDP: $446.543 Billion (nominal, 2019 est.) GDP per capita: $2,222 (nominal, 2019 est.)

What are the top 10 richest countries?

Top 10 Richest Countries in the World – GDP Per Capita (2020)Qatar: $138.9K.Macao: $113.4K.Luxembourg: $112K.Singapore: $105.7K.Ireland: $87K.Brunei Darussalam: $85K.Norway: $79.6K.UAE: $70.4K.More items…•

Why is India so poor today?

Famines and diseases killed millions each time. After India gained its independence in 1947, mass deaths from famines were prevented. Since 1991, rapid economic growth has led to a sharp reduction in extreme poverty in India.

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 is rich in minerals in the world?

South AfricaSouth Africa, with more than $2.5 trillion in mineral reserves, is the world’s richest nation by “commodity wealth”, a Citigroup report shows.