8. Libya
Oil reserves: 48.4 billion barrels
For Libya, the qualify of life has decreased considerably ever since the Arab Spring revolution took place. The country has been mired in civil war and oil is right at the center of this battle. The source of wealth in Libya is almost entirely its oil reserves and so the current battles rages on, with the divisions present in Libya fighting for control of oil. Even now, over 90% of Libya’s revenue comes from the export of oil and gas.
Pixabay/Public Domain
