Top 8 Countries With Most Natural Resources

2. Iraq

Total Natural Resources Rents As % Of GDP: 43.4%

With one of the largest proven oil reserves worldwide, Iraq is home to the Majnoon oil field, one of the super-giant fields with a production capacity in the hundreds of thousands of barrels per day, forming a cornerstone of the nation’s oil export revenue. While Iraq has reserves of natural gas, primarily associated with oil fields, its resource exploitation and economic performance are often hindered by geopolitical instability.