15 Richest Countries in the World by Natural Resources

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9. Iraq

Oil reserves: $13.6 trillion
Natural gas reserves: $1.3 trillion

Total worth of natural resources: $15.9 trillion

Iraq ranks 9th on our list of richest countries in the world by natural resources. It is a country devastated by wars, and it will take years if any benefits of its oil deposits are to be felt. A vast majority of its oil fields have been destroyed in two Gulf wars, plus ISIS insurgency crippled what was left of its oil production. To complicate things further, oil deposits mainly lie in Kurdish-controlled territories, forcing the government to reach an agreement before starting exploitation.

Richest Countries in the World by Natural Resources

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