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Iraq is ninth in the world in natural resource reserves.. Russia is first and America is second
Economy Iraq Global reserve Natural Resources
2024-03-23 02:16
Shafaq News/ Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years.
According to the Statista website,
natural resources are the raw inputs used to make everything that is used, from intermediate goods to final products, and
these resources are found in the ground among reserves that have not yet been extracted.
According to Statista estimates, Russia came in first place, with the value of its natural resource reserves amounting to $75 trillion.
This amount includes coal, oil, natural gas, gold, timber, and rare earth minerals.
The United States came second, and the estimated value of its natural resources is estimated at about 45 trillion dollars, approximately 90% of which is wood and coal.
Iraq ranked ninth, as
it possesses $15.9 trillion in natural resources, and
its desert terrain contains
oil,
natural gas,
phosphate and
sulfur, according to the site.
Iraq
is the second largest producer of crude oil in OPEC,
ranks fifth in the world in possessing proven crude oil reserves, and
relies on the export of crude oil to obtain a large amount of its revenues.
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Economy Iraq Global reserve Natural Resources
2024-03-23 02:16
Shafaq News/ Iraq was ranked among the top ten countries possessing the most valuable natural resource reserves, in terms of total estimated value for the past 3 years.
According to the Statista website,
natural resources are the raw inputs used to make everything that is used, from intermediate goods to final products, and
these resources are found in the ground among reserves that have not yet been extracted.
According to Statista estimates, Russia came in first place, with the value of its natural resource reserves amounting to $75 trillion.
This amount includes coal, oil, natural gas, gold, timber, and rare earth minerals.
The United States came second, and the estimated value of its natural resources is estimated at about 45 trillion dollars, approximately 90% of which is wood and coal.
Iraq ranked ninth, as
it possesses $15.9 trillion in natural resources, and
its desert terrain contains
oil,
natural gas,
phosphate and
sulfur, according to the site.
Iraq
is the second largest producer of crude oil in OPEC,
ranks fifth in the world in possessing proven crude oil reserves, and
relies on the export of crude oil to obtain a large amount of its revenues.
[You must be registered and logged in to see this link.]
